Reax as China targeted in US bill on currency manipulation; Mofa sbite

Reax as China targeted in US bill on currency manipulation; Mofa sbite

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The video discusses China's firm opposition to US Congress legislation concerning the RMB exchange rate, which is seen as a form of trade protectionism. It highlights the potential negative impact on Sino-US economic relations and global trade. The US is perceived to prefer a stable RMB exchange rate to maintain leverage in negotiations, particularly in market openness and international political-economic arenas.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways might the proposed legislation cast a shadow over global trade?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What strategies might the US employ regarding currency exchange rates in negotiations with China?

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