15.08.2015 - Comments
For years, major industrial nations have aggressively devalued their currencies. Who can blame China for following suit now?
This commentary is from the column “Mayers Weltwirtschaft” (Mayer’s World Economy) which was published in the FAS (Frankfurter Allgemeine Sonntagszeitung) and is available online at www.faz.net (in German only).