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CLEAN : China devalues yuan nearly 2% for economic boost
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Business, Economics, Social Studies
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9th - 10th Grade
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Hard
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The video discusses China's decision to devalue its currency, the yuan, and the potential ripple effects on global currencies, particularly in Southeast Asia. It highlights China's economic slowdown, especially in exports, and compares the yuan's value to other regional currencies, suggesting it is undervalued.
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