The United States has labeled China a "currency manipulator" even before. But in the current context, it reflects the US' intolerance of the existing world order, and international trade and economic rules which are different from its own.
BY labelling China a "currency manipulator" following Washington's threat to impose 10 percent tariffs on another $300 billion of Chinese goods from Sept 1, the US Treasury Department has dealt another serious blow to bilateral ties.
The United States has labeled China a "currency manipulator" even before. But in the current context, it reflects the US' intolerance of the existing world order, and international trade and economic rules which are different from its own.
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