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CHINA CURRENCY DEVALUATION
ET Alpha Wealth Summit: India could unlock a $5 trillion export opportunity through FTAs, says Saurabh MukherjeaHe believes a combination of free trade agreements (FTAs), a weakening rupee, and shifting global supply chains could create a massive oppo...- Putting the Bekaart before AI's racehorse: How widespread adoption of the tech can fill the nation with Kantian roachesArtificial intelligence adoption threatens widespread job losses, wihch could devalue human work and necessitate government income support....
- Weaponised dependency: Chinese mercantilism is more damaging to global trade than Trump tariffsThe recent US-China summit saw improved engagement but little progress on global economic challenges. China's trade practices continue to i...
- The dollar is dead, long live the dollar!Wars have shaped the US dollar's global power. From financing conflicts to becoming the reserve currency, its reign was cemented by agreeme...
- China says it won't devalue currency to bolster exportsThe Chinese Foreign Ministry also said that threats and intimidation on trade would never work on China, after U.S. President Donald Trump ...
- Chinese Premier says no intention of devaluing yuanChinese Premier Li Keqiang said that his country will continue to push forward reform of its exchange rate formation mechanism.
- China one of great thefts of all times: Donald TrumpTrump has slammed China for the devaluation of its tightly-controlled currency, describing Communist country as one of the great thefts of ...
- Market forces should determine rupee value, says Jayant Sinha"The currency rate is set by market forces and our job, mainly RBI's job, is that it finds its level in a stable order," he told PTI in an ...
- Need to strengthen anti-dumping mechanism: DIPP Secretary Amitabh KantA senior government official today said India needs to strengthen its anti-dumping mechanism, especially in sectors like steel.
- Currency devaluation by export-led strategy boosts domestic production'The reasons lie in the anticipated effects of devaluation.When a country devalues its currency, it effectively makes its exports cheaper f...
- Chinese move to devalue yuan dangerous and unpredictable: Aditya PuriAditya Puri said China's move to devalue its currency is "very dangerous and unpredictable" and feared that this may lead to a "competitive...
- China's yuan devaluation may hurt 'Make in India''Make in India' could take a hit because other exporting nations would be more competitive as their currencies could depreciate more.
- Currency wars: Dollar vs yuan vs euro through the agesChina's devaluation of its currency Yuan by 3.5 per cent in two days brings to fore the `Currency Wars' theory put forth by an American law...
- World economies must take note of yuan devaluation: CEA Arvind SubramanianSubramanian said China, on the one hand, has devalued the currency and taken measures aimed at reducing the spread between onshore and offs...
- Yuan may fall by another 10% from recent peak; Fed unlikely to raise rates in September: Marc Faber"A 2% devaluation in yuan or even a 20% devaluation is not going to help China in terms of exports meaningfully," said Faber
- These are the biggest losers from China's currency devaluationOn Tuesday, the move was having a big impact on some of China's biggest trading partners, like Australia and New Zealand.
- This is just the beginning of a very dangerous game in ChinaChina has devalued its currency, the yuan, by 2%. In a statement, the People's Bank of China said that it would now allow the yuan to float...
- China's sudden currency devaluation is a sign of the country's weaknessThere's a lot of disagreement about how fast China is growing, but there's almost total consensus that the rate of growth is definitely slo...
- India's exports to be hit by yuan devaluation: FIEO"The devaluation will affect India's exports not only to China but to other countries also with increasing competitiveness of Chinese expor...
- Gold jumps to 3-week high as China raises risk of currency warGold climbed 1.4 per cent to $1,119.58 an ounce, the highest since July 20. Silver also surged 0.1 per cent to $15.26 an ounce.
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