After the worst day of trading on global markets in 18 months, a tentative rebound in stocks faltered as tensions between the world’s two largest economies threatened to boil over. The US officially labelled China a “currency manipulator” for the first time since 1994 after Beijing allowed the yuan to slide below a crucial mark on Monday to an 11-year low.
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Very interesting choice of language. Suggesting it’s not Trumps actions that is moving the situation.
Did China have a choice?