China financial press says China should be alert to the risks of a falling yuan

China Securities Journal with the piece, a note on China should be alert to risks regarding yuan depreciation.

Yuan has fallen in the past week or two (chart below is offshore yuan, CNH …  a rising USD/CNH is a depreciating CNH) but its difficult to think this has Chinese authorities too concerned, its barely retraced some of its 2020 gains.  Still, maybe its a signal the recent fall will not be allowed to accelerate.
China Securities Journal with the piece, a note on China should be alert to risks regarding yuan depreciation.