The document discusses the impact of China's currency devaluation on global markets, particularly focusing on fixed-income markets. It highlights China's shift towards a market-oriented exchange-rate system and its implications for global growth and commodities. The document also includes a table showing changes in China's foreign-exchange reserves from 1999 to 2015.
documents/vol00010-efta01458251-pdf.pdf
{"title":"Fixed-income market perspectives","key_people":["Joe Benevento","Joern Wasmund"],"document_date":"September 2015","document_type":"tabular","key_locations":["China","U.S.","Taiwan","South Korea","Japan"],"document_subtype":"financial analysis","key_organizations":["PBoC","IMF","Chinese State Administration of Foreign Exchange"]}