China's yuan sinks amid fears Beijing may give up on US trade talks

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China's yuan sinks amid fears Beijing may give up on US trade talks
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Leadership could be ‘weaponising’ its currency, says one analyst, as Asia markets sink to six-month low

The simmering trade tensions between the United States and China have threatened to spark a full-blown currency war after Beijing allowed the yuan to drop below a level it had previously defended with sustained vigour.

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