In your interest.
Online Personal Finance Magazine
No beating about the bush.
The campaign to wrest control of the soccer club is being spearheaded by a group of businessmen. The proposal is currently being studied by the bidders' financial adviser, Japanese bank Nomura.
If there was a 25% devaluation of the dollar against the yuan or 25% import duties on Chinese goods, as some highly influential US economists are suggesting, China would sink into a deep recession as exporters already operating on wafer-thin margins are plunged into insolvency. American businesses, which rely heavily on China as the assembly plant of choice, would also find itself deep in the mire.