摘要
CHINA'S stock market plunge and a depreciation of the yuan caused by the country's foreign exchange reform triggered turmoil in global markets in August. Some even claim that the yuan exchange rate will collapse, causing capital outflow to spiral out of control. Market fears about China's fall are more prominent than they have been in a decade.
CHINA'S stock market plunge and a depreciation of the yuan caused by the country's foreign exchange reform triggered turmoil in global markets in August. Some even claim that the yuan exchange rate will collapse, causing capital outflow to spiral out of control. Market fears about China's fall are more prominent than they have been in a decade.