China's sliding yuan could be next 'black swan event' for markets, hedge fund EDL says
EDL Capital, which manages about $1 billion, said factors weighing on the yuan include geopolitical tensions driving Western countries to re-home supply chains that will starve China of foreign investment. China’s labour market has also grown less competitive versus other Asian countries such as Vietnam and India, while a...
![](https://kbin.life/media/cache/resolve/entry_thumb/9c/98/9c989aed355a9c3ebab7a66d29116bf21ef1f81802d8af3093fe57661ee1e2c0.jpg)