If anything the chart lets us know China has widened its trade surplus with the US in spite of an appreciating yuan.
The yuan rose up to 2008 to remain remarkably flat till 2010, resuming an upward trend since.
There is no clear case of currency manipulation, rather a continuing erosion of America's manufacturing base largely made up for by Chinese imports.
The trade imbalance is absolutely phenomenal and there appears to be room for further one-way swinging.
My point is that America Inc. should collectively ask itself how it views the country in the years ahead.
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