An employee reaches for a bundle of 100 yuan banknotes at a branch of Bank of China in Hefei in Anhui province on September 17, 2010. Photo: Reuters

China may let the yuan depreciate gradually as a tactical move in its trade war with the US 

China is evaluating the economic impact of a weaker yuan as a countermeasure to US tariffs, although it doesn’t mean the currency’s devaluation

Topic |   Yuan

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An employee reaches for a bundle of 100 yuan banknotes at a branch of Bank of China in Hefei in Anhui province on September 17, 2010. Photo: Reuters
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