The continued devaluation of the renminbi（yuan）,China＇s legal tender,has sparked concerns both in China and abroad.The depreciation trend that started in August 2015 hasn＇t shown any signs of reversing,but as a ma...The continued devaluation of the renminbi（yuan）,China＇s legal tender,has sparked concerns both in China and abroad.The depreciation trend that started in August 2015 hasn＇t shown any signs of reversing,but as a matter of fact,the depreciation of the yuan is an inevitable outcome of its internationalization,China is moving to turn the yuan into a global currency.展开更多
文摘The continued devaluation of the renminbi（yuan）,China＇s legal tender,has sparked concerns both in China and abroad.The depreciation trend that started in August 2015 hasn＇t shown any signs of reversing,but as a matter of fact,the depreciation of the yuan is an inevitable outcome of its internationalization,China is moving to turn the yuan into a global currency.
