China unlikely to aggressively devalue yuan to offset impact of U.S. tariffs, economists say
1. Chinese yuan hits record low against USD, sparking market instability concerns. 2. Analysts caution against significant yuan weakening due to capital flight risks. 3. China's government aims for gradual depreciation without severe financial fallout. 4. Rising U.S. tariffs challenge China's export capabilities and economic stability. 5. PBoC plans a 'moderately loose' policy amid escalating trade tensions.