Economics

Competitiveness

Reuters/Jason Lee - A vendor holds Chinese Yuan notes at a market in Beijing, August 12, 2015.

Blog Post

Chinese yuan devaluation is not the real concern for Africa: A weakened Chinese economy is!

August 21, 2015, Amadou Sy

The devaluation of the Chinese yuan by about 2 percent on August 11 is the largest single-day drop since 1994. In his latest blog, Amadou Sy argues that while the yuan devaluation is a concern, China's possible economic slowdown is the real issue.

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