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Tag: Yuan


Robots Take Over for 60,000 Fired Foxconn Factory Workers

The Apple and Samsung supplier played down the job-loss aspect of the story by making it sound as though employees had been liberated to do less menial work.

Posted on May 26, 2016 READ MORE


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Nations Scramble to Compete in ‘Currency War’ as China’s Yuan Falls to 5-Year Low

China, Europe and Japan are driving down the value of their currencies in order to make their exports more attractive on the global market, leaving millions of workers in associated industries “protected or vulnerable, depending on which side they find themselves,” writes Guardian economics correspondent Phillip Inman.

Posted on Jan 7, 2016 READ MORE



Weekend Market Turmoil an Outcome of Nations’ Failure to Cooperate on Change in Economic Policy

Although they ended with still more losses, U.S. stock markets recovered partly Monday after a plummet to dramatic lows fueled by fears of a collapse in the Chinese economy. The shock experienced in recent days was predictable, writes Guardian economics editor Larry Elliot.

Posted on Aug 24, 2015 READ MORE



Nearly $1 Trillion Left Emerging Markets in Single Year in ‘Capital Flight’ Phenomenon

Reports that huge sums of investment money have flowed out of countries with emerging markets suggest that countries once billed as “stars of the post-crash economy are now waning.”

Posted on Aug 21, 2015 READ MORE


Dollar vs. China









Posted on Nov 15, 2010 ENLARGE


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