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China devalues yuan 20% - Outrageous Predictions for 2015

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December 09, 2014 2015, bank of japan, boj, china, china devalues, content, credit bubble, currency, currency war, fx, inflation, outrageous, outrageous predictions, predictions, saxo, saxo bank, saxo tv, tradingfloor.com, tv, yuan, yuan devaluation
With the Chinese domestic housing and credit bubble finally correcting, if not imploding, China will be looking for any way it can to ease the enormous deflationary pressures that characterise the downside of a credit cycle.