How Does China Manipulate Its Currency?
Economy | Information | History | Online | Facts | World | Global | Money
Will China's Economic Slump Create A Global Recession? http://testu.be/1QXj91D Subscribe! http://bitly.com/1iLOHml China is one of the world's biggest offenders in currency manipulation. So what is currency manipulation and how does China do it? Learn More: China's Renminbi Is Approved by I.M.F. as a Main World Currency http://www.nytimes.com/2015/12/01/business/international/china-renminbi-reserve-currency.html "The Chinese renminbi was anointed as one of the world's elite currencies on Monday, a milestone decision by the International Monetary Fund that underscores the country's rising financial and economic heft." Maybe China's Currency Isn't Undervalued-Really? http://www.epi.org/blog/chinas-currency-undervalued/ "In a blog post, Martin Kessler and Arvind Subramanian of the Peterson Institute claim that, contrary to popular belief, the Chinese renminbi is not undervalued." What Is Currency Manipulation? https://ourfuture.org/20140622/what-is-currency-manipulation "Currency manipulation is a big deal. It is costing up to 5.8 million American jobs and costs U.S. GDP by up to $720 billion." Music Track Courtesy of APM Music: "Continuity" Subscribe to TestTube News! http://bitly.com/1iLOHml _________________________ TestTube News is committed to answering the smart, inquisitive questions we have about life, society, politics and anything else happening in the news. It's a place where curiosity rules and together we'll get a clearer understanding of this crazy world we live in. Watch more TestTube: http://testtube.com/testtubenews TestTube now has a newsletter! Get a weekly round-up of our most popular videos across all the shows we make here at TestTube. For more info and to sign-up, click here. http://testtube.com/fwd Subscribe now! http://www.youtube.com/subscription_center?add_user=testtubenetwork TestTube on Twitter https://twitter.com/TestTube Trace Dominguez on Twitter https://twitter.com/TraceDominguez TestTube on Facebook https://facebook.com/testtubenetwork TestTube on Google+ http://gplus.to/TestTube Download the New TestTube iOS app! http://testu.be/1ndmmMq Special thanks to Lissette Padilla for hosting TestTube! Check Lissette out on Twitter:https://twitter.com/lizzette
Comments
-
How does China manipulate its currency?
Like how Japan and South Korea manipulated their currencies in the 80s and 90s. -
China CANNOT manipulate its currency. The renminbi is pegged to the US dollar.
-
india's demonetization effects could be a great topic to discuss
-
You have not explained how buying $500 Billion was currency manipulation. If China wants its currency value to be competitively cheap, why would it try to bolster its value? The video is just too fast paced and lots of text (subtitles, quotes etc.) which make it disturbing when combined with that sorta background music.
Hope this feedback is taken positively. Thx! -
The background music is really disturbing.
-
If the Yuan deflates and the Dollar inflates, how is that China being cheaper? The Exchange rate could go up to be 6USD = 1Yuan and from there the dollar keeps inflating and the Yuan keeps deflating so eventually 12USD = 1yuan. That would mean more USD is required for the same Chinese good. How is that attractive to buyers if it costs more?
-
Com on, this is extremely biased. Why do you think US can consume as much as they do and have such cheap products? Exactly for this reason. It benefits rather than damage the US economy.
-
Since India is demonetising it's ₹ 500 and ₹ 1000 bills for new bills . Can you make video on "How strong/weak is Indian Currency?"
-
May Allah suck Dick.
-
good job china! they don't invade and kill civilians
-
OH MY GOD! WE GOTTA DEAL WITH GINA!
ITS GONNA BE YUUUUUGE! -
This is wild
-
I luv seeker it's the best show any where
-
you're pretty
-
I don't understand this, because I don't have money, because I'm poor.
-
This video shows that china is bad. CIA Agendas
-
Print some pieces of paper, get all countries in the world recognize your paper as money. Use your pieces of paper to buy real money. Use the real money to buy (real estate in) other countries until you own the world.
-
You should also make a video to explain how the US manipulates its currency by keeping the interest rate fucking low. Biased media！
3m 28sLenght
2893Rating