Yes, China Is a Currency Manipulator – And the U.S. Banking System Is a Metals Manipulator

First published by Money Metals here: https://www.moneymetals.com/news/2020/01/14/china-manipulating-yuan-currency-001948

The U.S. Treasury Department announced Monday that China is no longer on a list of countries deemed to be “currency manipulators.” The timing was awfully convenient, coming just ahead of an expected Phase One trade deal between the two powers. Nobody actually believes China has stopped manipulating the value of its yuan versus the U.S. dollar.