US declares China a currency manipulator, says it's using yuan to gain 'unfair advantage' in trade
WORLD
August 6, 20194 min read, 710 words

US declares China a currency manipulator, says it's using yuan to gain 'unfair advantage' in tradeUS declares China a currency manipulator, says it's using yuan to gain 'unfair advantage' in trade

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Published: August 6, 2019  |  4 min read, 710 words
The U.S. Treasury Department on Monday designated China as currency manipulator, a historic move that no White House had exercised since the Clinton administration. “Secretary Mnuchin, under the auspices of President Trump, has today determined that China is a Currency Manipulat...
US declares China a currency manipulator, says it's using yuan to gain 'unfair advantage' in trade Read more

Scores for this article.

Percentage of critic and public trust in this article.
Surface Level3
img-trusted
N/A
critic score
critic reviews: 1
img-contested
33%
public score
public reviews: 3

CRITIC REVIEWS

Credible
August 7, 2019
The source is credible and the article is fairly brief. It reads as basically a list of complaints and concerns from the U.S.about goings-on in the Chinese economy and government policy thereof. Fairly superficial in terms of exploring possible further underlying reasons for the action referenced. Additionally, the piece is somewhat esoteric and thereby may not be sufficiently explanatory particularly for the lay reader.
August 7, 2019
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PUBLIC REVIEWS

Surface Level
August 7, 2019
This article misses an opportunity to educate and provide context to readers. Instead of presenting figures and past incidents of Chinese currency manipulation, the article focuses on tweets and quotes from political leaders. I would have much preferred to have seen some graphs or breakdowns of how China's currency has been manipulated in the past and what the practical effects are.
August 7, 2019
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Surface Level
August 6, 2019
While I think the article is credible overall, this article is surface level for how long it is. It lacks the context to understand what this 'unfair advantage' is that China is receiving by reducing the value of the yuan and what the signs are, and how they're interpreted as currency manipulation. However, it does tell you when the US has passed on calling China a currency manipulator 5 times 'recently.'
August 6, 2019
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Surface Level
September 21, 2019
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September 21, 2019
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