Tag: Soros versus China
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Soros: Hard landing for China. China disagrees fully.
China’s advice to Soros: “better” stay away from renminbi and HK$. I read an interesting article from Reuters about China’s state media and George Soros. Earlier, Soros told Bloomberg TV that he sees a hard landing for China’s economy and this will lead to a global deflation. In brief, deflation in economics is a decrease in…