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There's a 'consistent case' for the yuan to depreciate: Strategist

There's a 'consistent case' for the yuan to depreciate: Strategist

Claudio Piron of Bank of American Merrill Lynch Global Research says China is trying to "take its foot off the pedal a little bit" on deleveraging in anticipation of any potential knock-on effects of its trade spat with the U.S.

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