China Isn’t Manipulating The Yuan—It’s Waiting Out Trump

China’s leaders appear to have concluded that they won’t secure an acceptable trade deal with President Trump. What they can do is try to weather the next 18 months while inflicting maximum political damage—and hope a weakening U.S. economy delivers a new president.

 

 

 

 

 

https://www.wsj.com/articles/china-isnt-manipulating-the-yuanits-waiting-out-trump-11565088689