China to Devalue The Yuan in 2016

Expect China to Devalue Its Yuan Currency in 2016, Wells Fargo Strategist Says


China's May exports slid 4.1 percent year-over-year, compared to a 1.8 percent drop in April, but the world's second largest economy is still on track to meet its 2016 growth target of 6.5 percent to 7 percent, according to one expert.