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China Ex-Central Bankers Warn of Long Currency War With U.S.

  • Former official says manipulator tag shows trade war evolving
  • Yuan’s global role must improve to deal with challenges: Zhou
The People's Bank of China as Central Bank Tweaks Liquidity Tap Again
Photographer: Giulia Marchi/Bloomberg
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Former China central bankers warned Saturday of currency-war risks with the U.S. after an abrupt escalation of trade tensions between the world’s two biggest economies this week.