Discuss the economics and political effects derived from the devaluation of the China currency experienced in Summer 2015.

Coursework Brief
Using journal articles, newspapers, University’s online resources, etc; critically identify, explain and discuss the economics and political effects derived from the devaluation of the China currency experienced in Summer 2015. Furthermore, explain how that affects the Multinational Companies (MNC)’s financial risks exposure. [Abstract, Section 1: What and Why did China do it; Section 2: What does this event mean for the rest of the world; Section 3: Market effects; Section 4: Conclusions].