Wray on Chinese devaluation
The People’s Bank of China has added $61 billion to the banking system using reverse-repurchase agreements. Ameera David weighs in. Then, Ameera sits down with Worth Wray – chief economist at Evergreen GaveKal – to talk about China. Afterwards, RT correspondent Daniel Bushnell reports on the latest in Davos.
After the break, Bianca Facchinei takes a look at General Motors’ new ride-sharing company. Then, Edward Harrison is joined by Marshall Auerback – research associate at the Levy Economics Institute – to continue the discussion on China’s economy. And in The Big Deal, Ameera and Edward talk about the global economy.
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