, Columnist
Weaker Yuan May Be an Inflation Salve for the World
The chances are that weight will be put on China’s currency to depreciate from here.
The Chinese consumer is looking weak.
Photographer: GREG BAKER/AFP/Getty Images
This article is for subscribers only.
To get John Authers' newsletter delivered directly to your inbox, sign up here.
A news-starved market will soon have some more data to feed on. Tuesday brings U.S. inflation, which really matters these days, and then a range of banks will start reporting earnings for the second quarter. For a foretaste of what could be on offer, let’s head to the world’s other leading economy, China.