The Chinese dragon breathed fire and singed markets globally be it equity, commodities or currencies. China depreciated its currency on three of four days by about 4.5% and the whole world was bleeding. China is the world’s second largest economy and the largest consumer of crude oil and copper amongst others. Crude oil prices are […]
Posts Tagged ‘China devaluation’
China devaluation singes global markets
August 17th, 2015
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