Why Trumps Strategy on China is Working
China has resorted to currency manipulation, allowing the yuan to fall against the U.S. dollar, in an apparent effort to blunt the effect of the trade war on the Chinese economy.
Gina Shakespeare | The Epoch Times
Video Source:
DECLASSIFIED - The Epoch Times
https://www.youtube.com/channel/UCw14RqKlnGoxHPHmqO9LxEQ
By keeping its currency undervalued, China can make its exports cheap and imports expensive, thus gaining a competitive advantage in international trade.
Original Article:
https://www.theepochtimes.com/china-opens-new-front-in-trade-war-manipulating-its-currency_3032454.html
More from Emel Akan:
https://www.theepochtimes.com/author-emel-akan
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https://www.theepochtimes.com/search/?q=trade
Website:
http://theepochtimes.com/
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Good Post! All#informationwar posts need to also use #palnet tag(you are missing out on a lot of extra rewards!!!!)
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Trump has a strong foundation about money and knowledgeable on how money works. While Chinese president learn from school that govern with fake teacher who struggling about money.
Well said. I don't think a lot of people get that about people who are extremely successful in business, they understand money. They become indifferent to it, it's simply a tool to be used, we should all use it :)
Thanks my friend !