The weakening yuan has hammered Chinese airlines, most of whose debt is in dollars. But Chinese exports have become more competitive. Photo:
Celia Chen
Opinion

Opinion

Across The Border by Celia Chen

The winners and losers from the yuan’s continued slide

The exchange rate fluctuation is having a huge impact on Chinese airlines especially, as much of their debt is in foreign currency

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The weakening yuan has hammered Chinese airlines, most of whose debt is in dollars. But Chinese exports have become more competitive. Photo:
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