Are the US economy and the Chinese economy going in the opposite direction? Recently the U.S. FED increased the interest rate for the fifth time in 2022 to fight inflation. Contrarily, China’s central bank has been cutting interest rates. The Chinese yuan dropped about 12% against the dollar this year. Is the United States using the inflation and FED rate increases as a geopolitical weapon in the yuan vs dollar competition? What is the real dollar-yuan exchange rate? Hear China experts explain the opportunity the United States has in the currency war.
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We discuss world economy, history, and politics. Our main focus is U.S.-China relations. We make short videos and tell you the hidden stories.
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References:
https://www.163.com/dy/article/HG3DOF9F05238404.html
https://tw.news.yahoo.com/%E4%B8%AD%E5%9C%8B%E5%AE%98%E5%AA%92%E5%86%8D%E6%89%B9fed%E5%8D%87%E6%81%AF-%E6%AE%83%E5%8F%8A%E5%85%A8%E7%90%83%E5%82%B7%E5%AE%B3%E7%B6%93%E6%BF%9F-050509072.html
https://www.epochtimes.com/b5/22/9/30/n13836431.htm
https://www.163.com/dy/article/H9TTDUC305534GYN.html
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