Yuan devaluation boosts Chinese shares, hurts other markets

Hong Kong (AFP) - China's central bank on Tuesday devalued its yuan currency by nearly two percent against the US dollar, as authorities seek to push market reforms and bolster the world's second-largest economy.

China concerns mount as 'awful' data see manufacturing fall to nine-month low

China's factory activity in August contracted at its fastest pace in nine months, in a sign that a persistent slowdown in economic growth extended deeper into the third quarter.