The Renminbi’s Hostage Crisis
The renminbi’s fall against the dollar this year seems to have caused Chinese policymakers unusual levels of anxiety.
George Magnus is an independent economist and commentator, an Associate at the China Centre, Oxford University, and an adviser to some asset management companies.
He is a regular contributor to the Financial Times, Prospect Magazine and other written media, and appears regularly on BBC TV and radio, Bloomberg TV and other outlets.