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Haiyan Li Labbe Avatar image

Haiyan Li Labbe

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Exports have been quite weak. If you look at the growth it has been -5 -6 percent... So there is huge pressure for yuan depreciation, i personally don't expect another sharp depreciation like in August because that will really create another round of financial turmoil, but I think there will be gradual depreciation.

Haiyan Li Labbe
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