Yuan fall a worry, options open to check cheap imports: Nirmala

India on Friday said the devaluation of the Chinese currency is a “worrying” development which will make Indian exports expensive and asserted that necessary action, including anti-dumping duty, can be taken to check cheap imports from China. Commerce and Industry Minister Nirmala Sitharaman said the devaluation of the yuan will make imports cheaper from China to India. “The depreciation of the yuan is definitely going to make imported goods (from China) cheaper... the fact is my deficit with China will (also) grow,” Sitharaman said.