China said to study yuan devaluation
Story Date: 4/10/2018

 

Source: SOUTHEAST FARMPRESS, 4/9/18


China is evaluating the potential impact of a gradual yuan depreciation, people familiar with the matter said, as the country’s leaders weigh their options in a trade spat with U.S. President Donald Trump that has roiled financial markets worldwide.
Senior Chinese officials are studying a two-pronged analysis of the yuan that was prepared by the government, the people said.

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