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So he's gonna make China stop devaluating its currency.

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So he's gonna make China stop devaluating its currency. Would you say it's a good idea to buy some yuan now?
>>
>tfw got a job teaching English in China
>tfw I'm going to get rich now
>>
>>1612229
No. The IMF has said that China's currency has been at market value for a couple of years now. Trump is a sensationalist preying on people who don't understand finance
>>
In china people want to change yuan into dollar now because of devaluation.
>>
>>1612283
>>1612655
Trump is gonna pump out shit ton of dollars because weak dollar is what he wants. So I was thinking maybe USD isn't the right currency to hold on at this point? maybe China won't raise yuan's value but America is likely to drop dollar's
>>
He can't touch China.

https://www.imf.org/en/News/Articles/2016/09/30/AM16-PR16440-IMF-Launches-New-SDR-Basket-Including-Chinese-Renminbi
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