A clerk counts banknotes at a bank outlet in Hai'an in Jiangsu province on 6 August 2019. Photo: EPA-EFE

The yuan’s top forecaster warns traders against selling the Chinese currency short as good news from trade talk may bolster renminbi

  • China’s currency weakened in August past 7 against the US dollar for the first time in more than a decade
  • Now traders are split on what an advance beyond the 7 level would lead to
Topic |   Yuan

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A clerk counts banknotes at a bank outlet in Hai'an in Jiangsu province on 6 August 2019. Photo: EPA-EFE
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