China's Economy: Real Growth or Currency Manipulation?

The transcript discusses China's economic activity, focusing on the impact of currency fluctuations on imports and exports. It highlights concerns about China's currency manipulation and its effects on foreign exchange reserves and capital outflows. The discussion also touches on US-China trade relations, particularly the implications of labeling China a currency manipulator. The potential responses from China and the strategic messages from the US are considered, emphasizing the complexities of international trade and currency policies.

In what ways can currency manipulation affect international trade relations?

What message might the new president want to convey regarding the US-China trade deficit?