Yuan Devaluation Fever Heats Up As China Stockpiles Metals
zerohedge.com/markets/yuan-devaluation-fever-heats-china-stockpiles-metals
Yuan Devaluation Fever Heats Up As China Stockpiles Metals
Authored by Simon White, Bloomberg macro strategist,
Gold trading in China has exploded and stocks of copper have risen sharply prompting speculation that policymakers are on the brink of a yuan devaluation. Even though it’s still a tail-risk, it’s one requiring greater vigilance as the economy becomes increasingly…
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