China should sacrifice the yuan to avoid falling into a vicious cycle of debt and deflation, economist says

China should sacrifice the yuan to avoid falling into a vicious cycle of debt and deflation, economist says

One Chinese yuan bill lying on top of a US dollar bill.Getty Images <ul> <li>China's economy risks falling into a vicious cycle of debt and deflation, said economist Shang-Jin Wei.</li> <li>To avoid… [+2699 chars]

Read More