Yuan’s Slide May Have More to Do With Economics Than Donald Trump
Posted on AllSides November 16th, 2016
From The Center
China’s currency dropped to the lowest level in eight years Wednesday, extending a rapid decline over the course of a few days and demonstrating what officials and analysts say is the government’s increasing tolerance of a cheaper yuan as it combats a lagging economy and growing asset bubbles.
Some content from this outlet may be limited or behind a paywall.