---
title: Here's another retaliation from China...
description: "Beijing just crossed a line in the sand. The PBOC fixing was on the other side of the closely watched 7.20 \"devaluation\" line, first time since 2023. Offshore yuan tumbles and is about to hit a record low against the USD.\n\nSource: zerohedge"
---

[Syz The Moment](https://blog.syzgroup.com/syz-the-moment)

# [Here's another retaliation from China...](https://blog.syzgroup.com/syz-the-moment/heres-another-retaliation-from-china)

 Written by [Charles-Henry Monchau, CFA, CMT, CAIA](https://blog.syzgroup.com/syz-the-moment/author/charles-henry-monchau) | Apr 8, 2025, 12:12:13 PM

[View full post](https://blog.syzgroup.com/syz-the-moment/heres-another-retaliation-from-china)

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