Home › Forums › Other › What exactly is a currency war and the implications? › In the case of China and the
In the case of China and the yuan I think China had no choice due to market forces.
Simply put: China reacted to market forces and had to devalue the yuan.
Not an exact answer, but something to consider.
China has a slowing economy, I guess they had to do something.
But as I understand China also agreed to allow market forces to play a larger role in setting the value of the yuan.
And yet somehow I doubt it’s all that simple.
