China Reserves Slump as Yuan Falls

China’s foreign currency holdings fell for a sixth month in December, bringing last year’s drop to $320 billion as the yuan posted its steepest annual slide in more than two decades. Bloomberg's Stephen Engle reports on "Bloomberg Daybreak: Asia." (Source: Bloomberg)

Full Show: Bloomberg Daybreak: Americas (08/17)
08:56 - 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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