Monday, May 23, 2016

The Great Escape from China

https://www.project-syndicate.org/commentary/china-devaluation-capital-flight-by-kenneth-rogoff-2016-02?utm_source=Project+Syndicate+Newsletter&utm_campaign=0c9f35bf0c-Roubini_The_Global_Economys_New_Abnormal_2_7_2016&utm_medium=email&utm_term=0_73bad5b7d8-0c9f35bf0c-93854061 A perfectly legal approach is to lend in renminbi and be repaid in foreign currency.

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