China devalued Yuan by 2 %.
This is in line with China's stated objective of promoting export based economy.
This article is quite good: http://www.hindustantimes.com/business-news/what-yuan-devaluation-means-for-china-other-countries/article1-1379129.aspx
This is in line with China's stated objective of promoting export based economy.
This article is quite good: http://www.hindustantimes.com/business-news/what-yuan-devaluation-means-for-china-other-countries/article1-1379129.aspx
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