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China's currency recently fell to its weakest level since November last year, sparking concerns among worldwide experts and investors about the effects this could have on the global economy.
SHANGHAI, June 2 — A mountain of dollars on deposit in China has grown so large that banks are struggling to loan the currency and traders say it poses a risk to official efforts to control a fast-rising yuan. Boosted by surging export receipts and investment flows, the value of foreign cash...