Webat Emerging Advisors Group, a China-based macroeconomic research firm; Justin Y. Lin, dean at the Institute of New Structural Economics at Peking University; Rakesh Mohan, a senior fellow at the Jackson Institute for Global Affairs at Yale University; Dani Rodrik, WebAs explained by Jonathan Anderson at Emerging Advisors Group, this move was not the same as “competitive devaluation” of the Renminbi (RMB), exports would only gain a significant boost if the yuan was devalued by around 20%.
Is China Doomed? Don
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Jonathan Anderson - The Globalist
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