China Won’t Devalue Yuan to Boost Exports, Premier Li Says
A crumpled Chinese one-hundred yuan banknote in Hong Kong, China. (Photographer: Jerome Favre/Bloomberg)

China Won’t Devalue Yuan to Boost Exports, Premier Li Says

(Bloomberg) -- Hours after China and the U.S. announced their latest tariff salvos in the escalating trade war, Chinese Premier Li Keqiang said the nation wouldn’t devalue its currency in order to ...
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