Yuan falls to 6-month low as China girds for US trade fight

Beijing brandishes currency rate as Washington prepares ban on tech transfers

20180627 Yuan

The Chinese yuan has lost around 4.5% of its value against the U.S. dollar in the past two months.

MASAYUKI YUDA and ARIANA KING, Nikkei staff writers

TOKYO/NEW YORK -- The Chinese yuan on Wednesday fell to its lowest level in six months, a casualty of U.S.-China trade tensions.

Or perhaps Beijing is using the currency as an errand boy.

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