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Yuan's depreciation good or bad for China's economy?

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2016-01-08 11:10CCTV Editor: Feng Shuang

Chen Jiahe, Chief Strategist at Cinda Securities, explains why the depreciation of Yuan is a positive step to boost China's economy.

Since trading began in 2016, the onshore and offshore RMB exchange rates have both been fluctuating by large margins. Analysts say there's still space for the yuan to further depreciate.

  

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