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one-off adjustment
More Chinese are now buying luxury items online.
Wealthy Chinese Scramble to Move Money Offshore After PBOC Devaluation

ByManny Salvacion | Aug 14, 2015 07:47 AM EDT

China's central bank has started to implement financial reforms that included a new exchange rate system.
PBOC New Exchange Rate System Causes RMB Value to Nosedive

ByManny Salvacion | Aug 12, 2015 08:22 AM EDT

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