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Wednesday, June 8, 2016
China to Devalue The Yuan in 2016
Expect China to Devalue Its Yuan Currency in 2016, Wells Fargo Strategist Says
China's May exports slid 4.1 percent year-over-year, compared to a 1.8 percent drop in April, but the world's second largest economy is still on track to meet its 2016 growth target of 6.5 percent to 7 percent, according to one expert.