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Chinese Premier Li Keqiang speaks to Russian Prime Minister Dmitry Medvedev during a meeting at the Great Hall of the People on Dec. 17, 2015 in Beijing, China. Medvedev is on a 4-day visit to China. (Photo: Fred Dufour-Pooll/Getty Images)

China Currency War: Premier Li Says Country Will Not Get Into It

Jenia Cane   | Mar 22, 2016 08:15 PM EDT

China will not engage in a "currency war," as this will not augur well for the world economy which is still in the recovery stage.

Yuan Devaluation

China's Yuan Loses Value for Second Straight Day

Benjie Batanes   | Aug 12, 2015 11:50 AM EDT

Chinese financial authorities have let the yuan fall in value for the second straight day on Wednesday, providing a boost for the country's exporters. Meanwhile, other countries, such as the United States, have denounced China's decision to let the yuan devaluation trigger speculations of a currency war.

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