China and America's other trading partners manipulate their exchange rates, and (b) the nature of the Chinese exchange rate … of manipulation - the partners' overall current account/GDP, its reserve changes, and the real overvaluation of its … bilateral deficit, though other variables also turn out to be quite important. On the issue of China's de facto exchange rate …

China and America's other trading partners manipulate their exchange rates, and (b) the nature of the Chinese exchange rate … of manipulation - the partners' overall current account/GDP, its reserve changes, and the real overvaluation of its … bilateral deficit, though other variables also turn out to be quite important. On the issue of China's de facto exchange rate …

China and America's other trading partners manipulate their exchange rates, and (b) the nature of the Chinese exchange rate … of manipulation - the partners' overall current account/GDP, its reserve changes, and the real overvaluation of its … bilateral deficit, though other variables also turn out to be quite important. On the issue of China's de facto exchange rate …