Explainer: How does China manage the yuan, and what is its real value? – Reuters

The U.S. government’s decision to label China a currency manipulator after Beijing allowed the yuan to weaken past the symbolic 7-per-dollar level has raised questions about how tightly managed the currency is, and its true value.
— Read on www.reuters.com/article/us-usa-trade-china-yuan-explainer/explainer-how-does-china-manage-the-yuan-and-what-is-its-real-value-idUSKCN1UZ0JN

China Capital-Flight Fears Hang Over Yuan After Slide Past 7

(Bloomberg) — The retreat in China’s yuan to levels unseen since 2008 threatens to revive concerns about the capital flight back then that helped spur the country to spend $1 trillion of its reserves.For all its perceived success in tightening regulations and strengthening scrutiny of funds moving abroad
— Read on ca.finance.yahoo.com/news/fears-china-capital-flight-hang-160935169.html