8 groups yuan depreciation will impact most
By Sun Chengdong (chinadaily.com.cn) Updated: 2015-08-13 06:32No 1 International speculators
The anticipation of continuous appreciation of Chinese currency attracted a huge amount of money from international speculators. This round of yuan devaluation sends a clear signal to the international speculators that the appreciation of the yuan is not a guarantee and a more liberal and market oriented valuation system of yuan is emerging.
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George Soros famous international investor. [File photo] |
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