Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Chief economist update: Shanghai's drop is China's problem, the yuan's slide is everyone's

Those who still remember their history will recall that time in August 2015 when the People's Bank of China (PBOC) devalued the yuan from 6.21 to 6.40 per one yankee dollar.

Upgrade your subscription to access this article

And gain access to:
  • All archived news content
  • Access to the Financial Standard app
  • Home page news customisation
  • Financial Standard 's fortnightly newspaper
  • 25% discount on tickets to networking events
And more
Already A Subscriber?

Read more: USAmericaBank of ChinaBloombergduMSCIPeopleTrumpU.S.BeijingFedJapanOvernightShanghai CompositeSpurs Worry Over ImpactThursdayTreasury DepartmentVirginiaWashingtonYuan Tumble Blindsides Traders