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China drops the yuan and sinks the Australian dollar – Sydney Morning Herald

Sydney Morning HeraldChina drops the yuan and sinks the Australian dollarSydney Morning HeraldChina's central bank moved to devalue its currency on Tuesday – sending the Australian dollar tumbling with it – as the world's second-largest economy waded into the global currency war to support its faltering economy. The People's Bank of China's …What China's surprise currency devaluation means for its economy and the worldWashington Post (blog)Global stock markets plunge on China currency declineCNNMoneyChina devalues yuan by 2% to boost flagging economyThe GuardianThe Australian -Wall Street Journal -New York Timesall 8,229 news articles »

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