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» Twelve months ago, it seemed Beijing's retrograde politics would eventually sink Hong Kong's exalted international reputation. Now China's ailing economy seems likely to finish off the job sooner than anyone expected.
» Among the clearest casualties of China's devaluation is the Bank of Japan. The chances were never high that governor Haruhiko Kuroda was going to be able to unwind his institution's aggressive monetary experiment anytime soon. But the odds are now lower than even sceptics would have previously believed.
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