Classic WSJ trying to fit a story with its fear mongering of China. Please explain how a strengthening yuan complicates trade frictions with the US? It doesn’t, trump loves it! And since yuan’s move is all driven by the dollar, how can it be accused of not reflecting fundamental?
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Yuan need to strengthen like Dollar
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There is no strength in the Yuan. The Chinese government have become masters in manipulating their currency. That is why any investment tax in the Chinese market are very risky.
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