Why renminbi fall is the latest salvo in the US-China trade war

Why renminbi fall is the latest salvo in the US-China trade war

Seven renminbi to the dollar was regarded as a line in the sand for the Chinese central bank. But on Monday, the Chinese currency finally broke through its widely recognised line of defence – the first time it’s done so since the global financial crisis. But it was a level that was becoming harder to […]

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