ASSESSMENTS

How China's Currency Policies Will Change the World

Aug 26, 2015 | 09:00 GMT

Chinese 100-yuan notes in Beijing on Aug. 25.
Chinese 100-yuan notes in Beijing on Aug. 25.

(FRED DUFOUR/AFP/Getty Images)

The fluctuations in China's currency typify the best and worst of a globalized world, where developments in one place can instantly change the political and financial calculations of governments in others. As Beijing continues to adjust the yuan, markets throughout the world will react accordingly, albeit differently. ...

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