The recent depreciation of the renminbi, China’s currency, exposes crucial vulnerabilities within the world’s second-largest economy as it faces escalating trade tensions with the US. The currency posted its biggest ever monthly fall against the US dollar in June and lost more ground this week before recovering a little on Wednesday. Although its 3.4 per cent slide since the start of June is no rout, it marks a departure for a currency often seen as an anchor of stability for Asia and other emerging markets.
人民币近期的贬值暴露了世界第二大manbetx20客户端下载 体内部的关键脆弱性，而此时它正面临与美国的贸易紧张不断升级的局势。人民币对美元汇率在6月创下史上最大单月跌幅，本周头两天继续下跌，周三有所恢复。虽然自6月初以来累计下跌3.4%还算不上崩盘，但这已经偏离了人民币一贯的形象，它经常被视为亚洲和其他新兴市场的“稳定之锚”。
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