Many are worried an escalating trade war between the United States and China could lead Beijing to devalue the yuan. Photo: KyodoMany are worried an escalating trade war between the United States and China could lead Beijing to devalue the yuan. Photo: Kyodo
Many are worried an escalating trade war between the United States and China could lead Beijing to devalue the yuan. Photo: Kyodo

Forget US-China trade war tariffs, this is what really worries Asia

There’s no sign – yet – that China is preparing to devalue its currency in retaliation for ever-increasing US tariffs. But if it does pull the trigger, then it would probably mean disaster for regional economies

Topic |   US-China trade war
Many are worried an escalating trade war between the United States and China could lead Beijing to devalue the yuan. Photo: KyodoMany are worried an escalating trade war between the United States and China could lead Beijing to devalue the yuan. Photo: Kyodo
Many are worried an escalating trade war between the United States and China could lead Beijing to devalue the yuan. Photo: Kyodo
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