Currency ripples felt by China's trading partners

Shock waves from the decision to devalue the yuan against the US dollar earlier this month have reverberated across Asia.

Emerging economies fear that their exports will be hit as well as an increase in capital outflows, according to economists.

In the past two weeks, the ripple effect has triggered volatility in Asian markets as trading partners worry a cheaper yuan will raise global demand for "Made in China" products and slow growth in their countries.