Easy Currency Bet Gets Harder As the Chinese Yuan Tumbles.

The article discusses a drop in the Chinese yuan versus the U.S. dollar that has traders reconsidering positions they have taken aimed at profiting from increases in the yuan. Between the middle of January and February, 2014 the yuan had fallen 1%. It is unclear to what degree the decline reflects China's economic conditions or its central-bank policy. Commentary on whether the yuan will continue to drop is presented from portfolio manager Edmund Harriss and economist Wang Tao.