China Financial Daily

RMB appreciation: The United States is the greatest oppression of appreciation of the RMB exchange rate manipulator
Recently, the U.S. 130 senators wrote to the Ministry of Finance jointly demanding Obama administration to give RMB exchange rate pressure on China, there are reports that the U.S. intends to list China as a “currency manipulator.” This is really ridiculous, I believe that the U.S. is the biggest currency manipulator.

First of all, the U.S. dollar trend is always matching with the U.S. economic recovery. The U.S. dollar policy adjust adjustment is full of self-interest and unilateralism. The appreciation of the renminbi is a weapon of oppression, which forces China to open its financial market in the concessions, this is the major U.S. strategic intentions. The war for currency exchange rate has already begun.

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