Analysts seem divided on whether this is the start of a more flexible currency regime for China or an old-style devaluation. It appears to be a bit of both. China's economy has been struggling and a weaker currency would give it a boost, although most commentators say a steeper fall would be needed for a real impact.
The length of time depends on the severity of the offense. Most points (illegal turn, not making a complete stop, driving over the speed limit, etc.) and/or accidents will stay on your driver record for 39 months (3 years, 3 months). Points for more serious offenses, such as hit-and-run or a DUI, will stay on your record for 13 years.
How Long Does an Accident Stay on Your Record? Posted on Nov 10, 2015 If you have just been in a car accident or ticketed for a traffic violation, you may have heard conflicting information regarding how long the accident or ticket will stay on your record and how it will affect your insurance premium. The short answer is that the accident or ticket will stay on your record [â¦]