China’s yuan fell 1.2 per cent against the US dollar last week and could be set to depreciate further. Photo: Reuters

With China-US trade war looming, will Beijing be more hands off on exchange rates?

Analysts are calling for the central bank to stop using exchange rate levels as a monetary policy tool

Topic |   China economy

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China’s yuan fell 1.2 per cent against the US dollar last week and could be set to depreciate further. Photo: Reuters
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