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> because China have been suppressing it's own currency to stay competitive. Had been. China's currency is facing pressure to depreciate nowadays, and the Chi
by netheril96 10y ago
> because China have been suppressing it's own currency to stay competitive.
Had been.
China's currency is facing pressure to depreciate nowadays, and the Chinese government is having a hard choice between propping the value of CNY and preserving its reserves of dollars.