Caixin reports the People’s Bank of China set the central parity rate’s midpoint at 6.8115 yuan per dollar on Friday, the Chinese currency’s weakest point since September 2010. Forex market analysts who’ve been watching the yuan’s value decline over the past year blamed the latest weakening on delays for China’s structural reform campaign and the specter of US trade protectionism under US President-elect Donald Trump. Analysts expect the Chinese currency to continue to soften in coming months, particularly against the backdrop of a US economic recovery and an anti-globalization movement that’s cast a shadow over China’s exports. UBS analysts expect the yuan to trade at around 6.8 by the end of the year, and further weaken to 7.2 by the end of 2017.