Its leash lengthened, China’s yuan flirts with trade war role
China, having let the
yuan cross the once sacred red line of 7 per dollar, will allow
its currency to fall further and may even risk U.S. anger by
using it as a bargaining chip in already thorny trade talks,
market participants believe.
yuan cross the once sacred red line of 7 per dollar, will allow
its currency to fall further and may even risk U.S. anger by
using it as a bargaining chip in already thorny trade talks,
market participants believe.
Posted by Reuters
