A general view of Jianguo Road in Beijing, China, as the country is hit by an outbreak of the new coronavirus, February 2, 2020. Photo: ReutersA general view of Jianguo Road in Beijing, China, as the country is hit by an outbreak of the new coronavirus, February 2, 2020. Photo: Reuters
A general view of Jianguo Road in Beijing, China, as the country is hit by an outbreak of the new coronavirus, February 2, 2020. Photo: Reuters

Coronavirus: China unlikely to defend falling yuan, despite US trade deal pressure, analysts say

  • Coronavirus outbreak has sent the Chinese yuan below the psychologically important rate of 7 to the US dollar this week
  • Same barrier led Donald Trump to brand China a ‘currency manipulator’ last year, but conditions different this time, analysts said
Topic |   Coronavirus pandemic
A general view of Jianguo Road in Beijing, China, as the country is hit by an outbreak of the new coronavirus, February 2, 2020. Photo: ReutersA general view of Jianguo Road in Beijing, China, as the country is hit by an outbreak of the new coronavirus, February 2, 2020. Photo: Reuters
A general view of Jianguo Road in Beijing, China, as the country is hit by an outbreak of the new coronavirus, February 2, 2020. Photo: Reuters
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