Watch! Why the renminbi is caught in the US-China trade battle

The FT’s James Kynge explains how the battle with China over trade is affecting the value of the renminbi, potentially leading to a currency war. Is the US China trade war set to become a currency war as well? The question arises because of the sharp fall of the Chinese currency, the renminbi, in recent weeks. It’s now trading at around its lowest point for a year, having …

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