The depreciation of the Chinese currency yuan will have little impact on the country’s economy, said Wang Bao’an, director of the National Bureau of Statistics, on Tuesday. “The depreciation of renminbi is triggered by two factors, both domestic and foreign ones. One of them is the appreciation of the U.S. dollar. That’s a practical reflection in China. The appreciation of the U.S. dollar brings about the depreciation of renminbi. I think the depreciation of renminbi […]