Will China start a currency war against the dollar? U.S. GDP To Grow China-Like At 5% — ForbesIn 2015, a lack of market confidence in China’s currency policy contributed to capital flight, spooking global markets. At that, Trump noted that the Chinese currency has “dropped like a rock,” implying that China is manipulating the currency. “The trade war continues to escalate,” says Neil MacKinnon, an economist at VTB Capital. “Right alongside what looks like an outright currency war,” he says.
Source: Forbes July 23, 2018 16:05 UTC