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When Will China's Currency Move Become a Real Problem?

Although the yuan's decline has been small so far, fears that it will depreciate further have fueled a global sell-off, says Morningstar’s Bob Johnson.

Jeremy Glaser: For Morningstar, I'm Jeremy Glaser. China's surprise move to devalue its currency has sent a shockwave through global markets. I'm here with Bob Johnson--he is our director of economic analysis--to see exactly what China did and why investors are so worried about it.

Bob, thanks for joining me.