News Analysis The fast depreciation of the Chinese yuan suggests a deliberate attempt by Beijing to partially offset the impact of tariffs, according to China analysts and economists. On April 8, China’s central bank, the People’s Bank of China, set the
News Analysis The fast depreciation of the Chinese yuan suggests a deliberate attempt by Beijing to partially offset the impact of tariffs, according to China analysts and economists. On April 8, China’s central bank, the People’s Bank of China, set the