Is A Chinese Depreciation Still A Threat To Global Markets?

  • Twice in a year the prospect of a significant yuan depreciation roiled global markets.
  • The yuan is still depreciating, albeit gently, but markets take it in their stride.
  • We’ll explain what has changed the situation and why short-term risks have abated.
  • However, the reduction in risk hasn’t been a free lunch; other risks have increased.

Is A Chinese Depreciation Still A Threat To Global Markets?