FairAndUnbiased
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sigh.... there’s google all you have to do is search China-US debt loop. It’s a pretty common and well-known phenomenon . Just because u don’t like it doesn’t make it fan fic Kid
And 2- in 2015 China lowered RNB to increase exports the first time it was officially labeled as a currency manipulator. Also a pretty common known event
And dum dum renimbi will always rise as soon as you have an export surplus and surplus exist when u have a deficit against the USD. That’s literally what causes the value to rise. it’s what you do after to keep it low what matters.
in 2005 the peg was dropped. in addition, per your theory, if RMB value rises, demand for Chinese goods declines, so the total trade deficit would remain static with the nominal value rise offsetting the reduced demand if nothing else changed. if suppliers shifted away from China, then the total trade deficit would decline.
but the facts show the opposite. as RMB value rises, the trade deficit with China increased. How did that happen? clearly your theory has been incorrect in recent years.
No, Apple or any of the USA technology companies don't design or give technology to China. If China already has technology developed by itself, then it is allowed to be used in the phones. But no technology flow
wtf are you talking about? Do you understand the term ODM?