Chi­nese air­lines lose on cur­rency de­pre­ci­a­tion

China Daily (Canada) - - BUSINESS -

Chi­nese air­lines lost 700 mil­lion yuan ($113.8 mil­lion) on cur­rency ex­change in Fe­bru­ary be­cause of the ren­minbi’s de­pre­ci­a­tion. They earned 100 mil­lion yuan of ex­change in­come in the same month the year be­fore, China Busi­ness News re­ported on Thurs­day.

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