(+94) 77 741 8579
China Shock Wave to Global Markets!
China Shock Wave to Global Markets! The “Wealth of Nations” rest on ‘Competitive Advantage’ and not ‘Comparative Advantage’ this adage has been proved once again by the Chinese Yuan depreciation. The Yuan depreciation (Figure-1) was prompted by the sharp drop in 1Q 2015 exports (predominantly Industrial and high value added). Raising concerns of China’s adherence
- September 12, 2016
- Posted by: admin
- Category: Economics, International