By JEREMY ASHKENAS, AMANDA COX, JOSH KELLER and KARL RUSSELL
In an abrupt move, China’s central bank devalued the renminbi on Tuesday by nearly 2 percent, the largest such drop since the modernization of the exchange rate in 1994. The devaluation was the latest in a series of moves over the past two months to help boost the slowing Chinese economy.
Published: August 11, 2015 at 12:00AM
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