China’s latest official import and export figures fell short of expectations, with exports falling in May. After “breaking 7” against the U.S. dollar last month, the yuan exchange rate fell below 7.15 on June 8. A financial expert told The Epoch Times that the yuan’s depreciating value is an inevitable consequence of China’s weak exports,…
China’s Yuan Breaks Key Level of 7 Against US Dollar as Exports Tumble
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