08.08.2016 - China's Foreign Currency Reserves Fall But It's Still A Currency Manipulator
China’s foreign currency reserves have fallen slightly in the latest figures. Which might be showing that the country is still a currency manipulator as charged by Donald Trump and others even if a little bit less of one. Sadly though for that theory of economic war and the necessary protectionism to win it while China is still indeed a currency manipulator it manipulates the value of the yuan up, not down. Thus producing exactly the opposite to the effect alleged. This makes exports from China more expensive for us and our imports to there cheaper for them...............................................Full Article: Source
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