You might also like:
In this photo, an Air China’s Boeing 777 jet taxis to a gate after landing at Beijing International Airport in Beijing, China. The Chinese yuan has depreciated in value against other currencies making it difficult for the country’s outbound tourism and for its domestic airlines in some ways. Alexander F. Yuan
Skift Take:
China has been letting the value of its currency weaken to a six-month low as a response to a simmering trade war with the U.S. But that move is hurting domestic airlines and luxury retailers outside the mainland.
— Sean O’Neill
Read the Complete Story On Skift
Source: skift.com