Finance and economics | Champs or chumps?

China and currency manipulation

The government has been pushing the price of the yuan up, not down

|SHANGHAI

SINCE his election as president, Donald Trump has not softened his criticism of China over its alleged meddling to control the value of its currency, the yuan. On the contrary, he has called China “the grand champion” of currency manipulators. The kindest interpretation of this is that Mr Trump is out of date, as his own government could tell him.

This article appeared in the Finance & economics section of the print edition under the headline “Biting at the champs?”

The next French revolution

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