China’s ‘Opportunistic Devaluation’ Fuels Europe Trade Shock
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I’m Chris Anstey, an economics editor in Boston. Today we’re looking at China’s currency management and its impact on Europe. Send us feedback and tips to ecodaily@bloomberg.net. And if you aren’t yet signed up to receive this newsletter, you can do so here.
The US dollar has tumbled this year against all major currencies, for a mix of reasons ranging from a slowdown in American growth to the nation’s rising debt burden to concerns about Trump’s economic and foreign policies.