Devaluation by China is the next great risk for a deflationary world (中国のデバリュエーションでデフレ世界に次の大リスク) By Ambrose Evans-Pritchard Telegraph: 9:44PM GMT 04 Feb 2015China is not alone in facing a dilemma as deflation spreads and beggar-thy-neighbour currency wars become the norm デフレが広がり近隣窮乏通貨戦争が当たり前になる今日この頃、ジレンマに直面しているのは中国だけではありません。 China is trapped. The Communist authorities have discovered, like the Jap