Five Years After Devaluation, China Has the Yuan It Wanted
Chinese one-hundred yuan banknotes sit on a black background in this arranged photograph in Hong Kong, China. (Photographer: Paul Yeung/Bloomberg)  

Five Years After Devaluation, China Has the Yuan It Wanted

(Bloomberg) -- Compared with the global market turmoil China’s currency devaluation in 2015 triggered, the more gentle but steady depreciation since is spurring less concern.
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