China press - Yuan depreciation is not a long-term trend - ConsultFX

China press - Yuan depreciation is not a long-term trend

Says the Economic Information Daily in China this morning, headline via Bloomberg   No further details at this stage  Eco Info is a state owned outlet, the comments fits with the jawboning we have seen from the PBOC and also the intervention we had on Tuesday. China happy with the yuan devaluing, but not too fast is the