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China’s luck on Yuan devaluation risks running out
3:59 PM,
July 23, 2018
Abiodun Ogundairo
Business
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[vvideo code=”BHO21R2A” autoplay=”yes”]
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For more than a month, China seemed to be enjoying the advantage of exchange-rate depreciation without the global backlash and panicky capital outflows that accompanied the bout of yuan weakening in 2015.
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