China Securities Journal: Little possibility yuan will depreciate further - more

MNI with more detail on the China Securities Journal yuan piece

• There's little possibility that the yuan will depreciate further
• China's economic fundamentals remain strong

China Securities Journal citing 'experts'

Also, from Liu Yuhui, professor at the Chinese Academy of Social Sciences:

• There has been some pressure built up since 2012 for the yuan to depreciate
• That needs to be released
• PBOC may just pick a suitable time to allow that depreciation pressure to be released

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IMO that's all b/s

The yuan will depreciate further, but its on pause at present until things calm down a little.