Chinese stock market turbulence news
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- Trump slamming Russia for currency devaluation shows lack of knowledge or bias – analyst to RT
The ruble has lost nine percent of its value after Washington sanctions targeted Russian businesses. But that's not the reason for the ruble's depreciation, according to US President Donald Trump. - Hazardous risks to global economy demand cross-border response, says OsborneInternational financial actors must work together to counteract a “hazardous mix” of risks that threaten the stability of the global economy, Chancellor George Osborne has said.
- Yuan Dynasty: The ‘sexy’ Chinese growth story and China’s convertibility planThe ‘Chinese dream’ has been made clear. The yuan will begin convertibility measures in 2013: the People’s Republic will lower interest rates, deregulate foreign investment quotas, and loosen controls on stock and bond markets.
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