WILL CHINA PUSH THE WORLD INTO A NEW ECONOMIC CRISIS IN 2016?
At the start of 2016, China has become the focus of debates concerning the economic crisis around the world. It is expected that the Chinese economy will be the subject of much discussion throughout the year. The economic and financial crisis had started in the USA in 2008 and had spread to the EU in its second phase. There are claims that the third phase began with the devaluation in China. There are strong indications that China’s devaluation of its currency, its onset of “currency wars” was an attempt to stave off an economic crisis.By Cahit UYANIKYou can read the rest of the article on our issue of February