China's renminbi devaluation
China's renminbi devaluation

China's renminbi devaluation

FT World Weekly


12.08.2015 • 13 Min.

China this week stunned financial markets with the biggest devaluation of the renminbi in two decades, only to intervene to stop the slide. Was it a move towards liberalisation or a desperate bid to halt the country's economic slowdown? Ben Hall discusses the move and its consequences with James Kynge and Gabriel Wildau. Hosted on Acast. See acast.com/privacy for more information.