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In 2014 the Chinese economy was slowing down and the Chinese government took action to change the value of the yuan. Was the goal of

In 2014 the Chinese economy was slowing down and the Chinese government took action to change the value of the yuan.

  1. Was the goal of this intervention to weaken or strengthen the yuan?
  2. How did they do it? Did the Central Bank of China buy or sell the dollars?

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