Tag Archives: Economy

China moves towards flexible currency

For years now the Chinese Yuan or Renminbi (ISO code: RMB) has been pegged in value to the US Dollar. The US has consistently argued that this kept Chinese export prices artificially low, harming Western production capabilities. Even low cost … Continue reading

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Will growth continue?

For the last year there have been many pundits of the “glass is half-empty” type forecasting a double-dip recession. They’re talking about whether growth in GDP will go negative again just a few months after recovery began. I thought I’d … Continue reading

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