China is expected to stabilise the value of the yuan by raising the cost of foreign exchange speculation, analysts said. Photo: Reuters

China slows yuan slide and will have ‘limited room’ to weaponise in future

Devaluation of yuan welcomed by central bank but Beijing ‘will have limited room’ to use currency as a defensive weapon in future, economist says

Topic |   US-China trade war

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China is expected to stabilise the value of the yuan by raising the cost of foreign exchange speculation, analysts said. Photo: Reuters
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