ANSWERS: 1
-
Mainly because it leads to low wages and gives China a HUGE advantage in international trade. Also China has been keeping their currency low by buying dollar assets. Which is having a knock on effect to the USA's Balance of payments deficit. Which of course is making many international financiers nervous (China could REALLY screw the US economy if they wanted to) Very, very basic reasons :)
Copyright 2023, Wired Ivy, LLC

by 