The papers called Beijing's surprise devaluation an "escalation of currency wars", with some stating the move was "best seen as a distress signal from Beijing".
Officials want currency included in IMF’s Special Drawing Rights
Peter Askew, co-manager of the T. Bailey Growth, Dynamic and Defensive funds, explains why this sector has had a rough time of it lately
John Redwood, chairman of the investment committee at Charles Stanley, takes a closer look at some areas of concern for investors.
North Asian economies appear most exposed
Fund managers are concerned the Chinese central bank's shock move to devalue its currency could lead to the renminbi depreciating further, sparking heightened capital flight from the region and the rest of Asia.
China has surprised investors by weakening its currency almost 2% lower after a weekend of poor trade data, sending shockwaves through other Asian currency markets.
Ugo Lancioni, head of global currency at Neuberger Berman, takes a closer look at some of the consensus currency positions of last year, and asks if they are still compelling.