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  • China Forced to Devalue its Currency

    The Chinese Government has, early this week, devalued its currency by 1-2%. This has caused surprise and shock in world capital and stock markets. The extent of devaluation looks minimal but its effect is going to be high on many countries especially India. Almost all currencies have weakened

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  • Lewis Turning Point Forces China Scrap One-Child Policy

    China has just announced the roll back of its more than three decades long one-child policy. This policy helped China to control its population - the world's largest . It is reported to have prevented the birth of  millions of  babies.

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