China won\'t use the yuan to \'aggressively\' attack the US\, even as trade tensions between the world\'s 2 largest economies rise\, Morgan Stanley says
China won't use the yuan to 'aggressively' attack the US, even as trade tensions between the world's 2 largest economies rise, Morgan Stanley says
Thursday, 16 July 2020 () · Morgan Stanley does not think China will use its Yuan "aggressively" against the US even as trade tensions mount between both countries.
· Morgan Stanley chief Asia economist Chetan Ahyda said: "China doesn't want its currency to be that volatile."
· China devalued its currency in 2018 prompting the US to label it as a...