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A comment on U.S. Designates China as Currency Manipulator. Parent comment

Re:U.S. Designates China as Currency Manipulator by ars on Monday August 05, 2019 @06:51PM (#20620044)
That's reversed. They artificially weaken their currency, and recently weakened it even more.

Your sentence assumes their currency should be low, and they raise it, but evidence is the other way around.

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Re:U.S. Designates China as Currency Manipulator by seanmcdirmid on Monday August 05, 2019 @06:57PM (#20620100)
No, it’s the reverse of that: they’ve been artificially strengthening their currency, and are simply slipping to a more reasonable market based value ATM. The CNH exchange provides evidence that the currency should be weaker, it has been that way for a very long time!
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Re:U.S. Designates China as Currency Manipulator by kasey_junk on Monday August 05, 2019 @06:58PM (#20620105)
Not lately. They’ve been propping it up.

https://www.bloomberg.com/news/articles/2019-08-05/u-s-treas...

Check the June quote from Mnuchin where he promises to do this if they stop propping their currency up.

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