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China’s Currency Weakness: Not as Bad as it Seems—Yet

China’s currency depreciated this week, with the exchange rate rising to more than 7.0 renminbi per US dollar, unnerving investors and markets worldwide. Here’s the good news: we don’t think the renminbi will continue to weaken at the same pace.

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AllianceBernstein

China’s Currency Weakness: Not as Bad as it Seems—Yet

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