The onshore yuan slipped 0.17 percent to 6.8402 per dollar as of 4:02 p.m., while the Shanghai Composite Index closed down 1.3 percent at its lowest since February 2016. The ChiNext gauge of small caps and tech stocks fared even worse, tumbling 2...
China’s currency slide is graduating from benign neglect to something more deliberate. Whether or not you deem it currency warfare, it is playing with political and financial fire.
China weakened its daily currency fixing by more than traders and analysts had expected before high-ranking U.S. officials arrive in the country to discuss trade issues.
China evaluates impact of currency depreciation among trade tensions.
China is reversing course and loosening some financial restrictions after the yuan's appreciation in 2017.
