Currency War: US and China
The rise of China’s economic power since the past decade has raised concerns regarding the ability to sustain such growth and whether it will be able to overtake the US as the global reserve currency.
The rise of China’s economic power since the past decade has raised concerns regarding the ability to sustain such growth and whether it will be able to overtake the US as the global reserve currency.
If you’d read the news frequently, economist often use key words such as “Bond yields” and “interest rates” as an economic indicator. At first glance, it could be hard to comprehend why these indicators are used to gauge the performance of the economy. In this article I will endeavor to explain the intricacies of such…