China allowed the value of its currency to slip against the dollar for the second day in a row. The move makes Chinese products cheaper than those produced by other countries and is likely to fan tensions with the United States and Europe.
China allowed the value of its currency to slip against the dollar for the second day in a row. The move makes Chinese products cheaper than those produced by other countries and is likely to fan tensions with the United States and Europe. AP
China allowed the value of its currency to slip against the dollar for the second day in a row. The move makes Chinese products cheaper than those produced by other countries and is likely to fan tensions with the United States and Europe. AP

China devalues currency for second day, sending markets spinning

August 12, 2015 08:57 AM