Major Devaluation Of Yuan Expected In 1-2 Years - Here's Why
October 26, 2016 at 08:35 AM EDT
An acceleration in capital outflows which had calmed down in 2016 is a good sign that things in China are deteriorating again. Such accelerating capital outflows would mean the chances for a 20-40% devaluation are increasing and likely in 1-2 years.
