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Why Does China Manipulate its own Currency?

Why Does China Manipulate its own Currency?

FromEconomics Explained


Why Does China Manipulate its own Currency?

FromEconomics Explained

ratings:
Length:
17 minutes
Released:
Sep 8, 2020
Format:
Podcast episode

Description

China is not playing fair in the game of global trade, they are cheating other countries, companies, and consumers out of business by Manipulating their own currency.   
So how does a nation like china control their currency?  Can this actually be used to give an unfair advantage in global trade?  If it can, why doesn’t every country do it?  Can businesses profit from this man-made market failure?  And does a currency price even matter?
Released:
Sep 8, 2020
Format:
Podcast episode

Titles in the series (100)

On Economics Explained, we take a look at interesting countries, policies, and decisions from the point of view of an economist. The world is an interesting place and we hope to uncover some of this intrigue in our short, informative podcasts.