Opinion: Trump’s latest outburst on China shows a fundamental misunderstanding of how its economy works
"The idea that China has in recent years been targeting the United States with devaluations, especially by waiting until the U.S. is embroiled in some crisis, is fantasy, currency experts say," writes Michael Hiltzik. "So is the implication that the Chinese economy is controlled by a cadre of sinister masterminds who can manipulate it to their own domestic and international ends."
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Jan 20, 2017