Free Republic 2nd Qtr 2026 Fundraising Target: $81,000 Receipts & Pledges to-date: $19,190
23%  
Woo hoo!! And now only $250 to reach 24%!! Thank you all for your continued support!! God bless.

Keyword: suechang

Brevity: Headers | « Text »
  • China warns Soros against ‘declaring war’ on its currency

    01/26/2016 2:07:18 PM PST · by SaveFerris · 70 replies
    http://www.marketwatch.com ^ | Published: Jan 26, 2016 4:02 p.m. ET | by Sue Chang
    Not long after billionaire George Soros forecast a so-called hard landing for the Chinese economy, Beijing fired back by calling out the high-profile investor, warning him of betting against its currency, according to media reports Tuesday. “Soros’ challenge against the renminbi and Hong Kong dollar is unlikely to succeed, there is no doubt about that,” said a government official in an opinion piece widely cited by several media outlets. The article headlined, ”Declaring war on China’s currency? Ha ha,” was published by the People’s Daily, the official newspaper of the Chinese Communist Party which is widely viewed as Beijing’s propaganda...