The eonomist Yu Yongding warned the yuan would feel downward pressure against the US dollar. Photo: Kyodo

US trade war could trigger further yuan depreciation against dollar and greater capital outflows, economist warns

‘Disturbing factors’ in financial markets and trade dispute could hit Chinese currency, according to former central bank adviser Yu Yongding

Topic |   Yuan

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The eonomist Yu Yongding warned the yuan would feel downward pressure against the US dollar. Photo: Kyodo
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