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China's yuan carves a bad omen for France's luxury sector

China's triple yuan devaluation could hit France's lucrative luxury sector, which has already been impacted by Beijing's tough anti-corruption drive against spendthrift officials, analysts say. The Asian powerhouse's central bank cut the value of the yuan currency, also known as the renminbi, three days in a row last week, raising questions over...

Aug 19, 2015

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