China financial press says China should be alert to the risks of a falling yuan

Author: Eamonn Sheridan | Category: Central Banks

China Securities Journal with the piece, a note on China should be alert to risks regarding yuan depreciation.

Yuan has fallen in the past week or two (chart below is offshore yuan, CNH ...  a rising USD/CNH is a depreciating CNH) but its difficult to think this has Chinese authorities too concerned, its barely retraced some of its 2020 gains.  Still, maybe its a signal the recent fall will not be allowed to accelerate. 

China Securities Journal with the piece, a note on China should be alert to risks regarding yuan depreciation.
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