China’s central bank

BEIJING  | China’s yuan falls against dollar, helping exporters

BEIJING  — China’s central bank is allowing its tightly controlled currency to drift lower against the dollar, a move that could help Chinese exporters cope with U.S. tariff hikes but also might reignite an outflow of capital Beijing spent months trying to stanch. On Friday, the yuan dipped to a 12-month low of 6.8 to … Continue reading BEIJING  | China’s yuan falls against dollar, helping exporters