Li Says China Will Suffer From a Currency War

Chinese Premier Li Keqiang said he wants to avoid a currency war as he sought to soothe global concern about the nation’s devaluation of the yuan and its slowing economy, which he said is operating in a reasonable range even as it faces "downward pressure." Bloomberg's David Inlges reports on "First Up." (Source: Bloomberg)

Full Show: Bloomberg Daybreak: Americas (08/17)
16:36 - Bloomberg Daybreak: Americas hosted by David Westin and Jonathan Ferro. Guests include Pablo Goldberg, head of emerging markets fixed income research at BlackRock, Neil Dutta, head of U.S. economics at Renaissance Macro Research, and Chad Morganlander, portfolio manager at Washington Crossing Advisors. (Source: Bloomberg)
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  • Full Show: Surveillance (08/16)