With external demand dropping, "China is moving to protect its exporters more aggressively,"...

|By:, SA News Editor

With external demand dropping, "China is moving to protect its exporters more aggressively," says economist Dariusz Kowalczyk, using code to argue the direction of the yuan's value is no longer a one-way bet. A Chinese official describes the recent decline in the yuan as a "good thing." Cue snapping pencils in the offices of Sen. Chuck Schumer. (previous)