It's not that China is trying to intentionally lower the yuan long-term. It has just brought down the yuan in line with realistic levels as the yuan had been kept in a way artificially high, the impact of the yuan move on global markets isn't large. Shuji Shirota More Quotes by Shuji Shirota More Quotes From Shuji Shirota Prior to the selloff the Chinese market looked bubbly, kept rising even as the economy is slowing. It will take some time for the market to calm down, judging from Japanese experience it is not easy to support share prices just by price keeping operation. Shuji Shirota business