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Wei Yao, China economist at Societe Generale explains the current situation following the devaluation of the Yuan by the People's Bank of China.

13/08/2015

In a recent article published by Bloomberg, Wei Yao, China economist at Societe Generale explains the current situation following the devaluation of the Yuan by the People's Bank of China.

“Since the yuan is now decided by market forces, and like every currency decided by market forces, economic weakness will certainly add depreciation pressure,”
Wei Yao, China economist at Societe Generale

For more information, please visit: www.bloomberg.com

China Economist Societe Generale