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Christopher Balding: A Cheaper Yuan Won't Help China
Fears that China may spark a currency war by devaluing its currency have hammered stocks both at home and abroad, helping to send the Shanghai bourse into bear territory. That's only one reason Chinese leaders should think twice about driving down the yuan, though. The other is that it probably won't work.QuickTake China's Managed
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Posted: January 20, 2016 Wednesday 05:00 PM