Currency war, also known as competitive devaluations, is a condition in
international affairs ..... With the global economy doing well, China was able to
abandon its dollar peg in 2005, ... Reuters ...
Aug 16, 2016 ... The benefits of a cheaper currency don't extend as far as they once did. ... yuan
rattled global markets and prompted fears of a global currency war. ... from
foreign savers, as the value of those securities falls in dollar terms.
Mar 27, 2016 ... Welcome To The Currency War, Part 22: China Devaluation Watch ... The story
went like this: China had borrowed tens of trillions of dollars in response .... But in
the short run, for every loser there's a winner, in the form of […].