Is it a fair exchange or a case of the pot calling the kettle black? Chinese yuan and US dollars at a money exchange shop in Causeway Bay, Hong Kong, on August 5. Photo: Roy Issa
Lawrence J. Lau
Opinion

Opinion

The View by Lawrence J. Lau

Currency manipulation? The US may have more to answer for than China

  • China has an increasingly balanced current account and a stable currency – none of which points to currency manipulation, whereas the US has arguably used quantitative easing to keep the dollar weak

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Is it a fair exchange or a case of the pot calling the kettle black? Chinese yuan and US dollars at a money exchange shop in Causeway Bay, Hong Kong, on August 5. Photo: Roy Issa
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