Billionaire investor trying to create panic for profit’,says scathing editorial, after he predicted the Chinese economy is headed for a tough landingChinese state media has stepped up a salvo of biting commentaries against George Soros and other currency traders as the yuan comes under pressure, and with the billionaire investor accused of “declaring war” on the unit.
At the annual World Economic Forum in Davos last week,Soros told Bloomberg TV that the world’s moment-largest economy – where growth has already slowed to a 25-year low according to official figures – was heading for more troubles.
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Source: theguardian.com