<p>Lawrence J. Lau says Beijing has the tools to avoid further abrupt and significant currency devaluations, since any effect on exports would most likely be outweighed by a loss of confidence both nationally and internationally in China’s future</p>

Why China will avoid a big, destabilising yuan devaluation

Lawrence J. Lau says Beijing has the tools to avoid further abrupt and significant currency devaluations, since any effect on exports would most likely be outweighed by a loss of confidence both nationally and internationally in China’s future

Topic |   Yuan

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<p>Lawrence J. Lau says Beijing has the tools to avoid further abrupt and significant currency devaluations, since any effect on exports would most likely be outweighed by a loss of confidence both nationally and internationally in China’s future</p>
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