As a repercussion set by the devaluation of Chinese yuan in 1994, the following action was noted:
A) the yuan became stronger than the U.S. dollar.
B) a stage was set for the devaluation of the Thai baht.
C) the demand for Indonesian rupiah increased considerably.
D) Malaysian ringgit became very competitive.
E) India rupees were devalued.
Answer: B) a stage was set for the devaluation of the Thai baht.