I don't feel so good
devaluation is based you retarded fucking muttt. European
>american educationChina just got more competitive in world markets, americans are so fucking stupid lmao
>>60224906the US is tied to China whether we like it or not. If we go down they go down. If they go down we go down.
>>60224929>If they go down we go down.I don't think so, Tim
>>60224916>>60224924>chink internet defence forcethat qt asian girl in your class got a White bf btw, dont even try
>>60224916>>60224924seething insectoids and their mental gymanstic copium, gotta love it
>>60224906>China devaluing their currency is unfair>Start trade war to partly stop china from devaluing their currency>Yuan devalues>Haha get owned China!
>>60224944>I don't think so, Timyou're about to find out, in case you don't remember 2020 and 2008
>China devalues it's currency by 125%checkmate blumpf
>>60224916>>60224924>talking shit on an American made image boardgtfo
>>60224916>>60224924How is the weather in Beijing today?
>>60224929currency devaluation is only a problem if it causes inflation, which considering oil prices have dropped, it probably wont
>>60224906I thought the RMB was basically pegged through exchange restrictions
>>60225024I said "if."I didn't say OP was right, or wrong. I said if we go down they go down. If they go down we go down.that sucks, but china is a monster we created and we're still tied to it.
>>60224906The Dow was up 2,962 points today for the largest one day point rally in history.There have now been twelve 1,000 point gains in history and President Trump has 10 of them
chinks are intentionally making life miserable for their bug colony so they can then direct that anger at an external threat and demand war. its kikery 101 and all communists including chinks follow this doctrine
>>60225055come on, lets be honest here. if he didn't bring us down in the first place it never would've happened
>>60224906The chinese aren't consumers like the US. They literally don't care about the buying power of their currency.
>>60225087They're making life miserable for their people by... protecting their jobs.Great copium there.Face it, the world left America behind. No one will come to the table.
>>60224916.t
>>60224973The chinks intentionally tank their currency to boost exports retard, it's literally one of the things that we accuse them of cheating with.
>>60224916It will help you cope with your 104% prince increase in the US.
>>60225112>their jobsyou mean the ones they stole from us then converted to slavery
>>60225112>Face it, the world left America behind. No one will come to the table.>cant even secure your own borders>cry about the guarantor of global commerceA special kind of cope.>>60225148>prince
>>60225152You let the jobs leave in the 80s. no refunds!
>>60225157>>cry about the guarantor of global commerceYou mean China? It certainly isn't America anymore. Half the world's top trading partner is China, while Americans let everything leave in droves because Ronald Mcdonald said some funny soviet jokes.
>>60225237Retard or ESL?
I don't think you retards realize why the Yuan devaluation is good. China has to import Oil, LNG and Food. It becomes a lot more expensive for them to this with a low yuan value. China struggles with feeding there population with a high percentage of their population facing hunger insecurity and about 28% of their paycheck goes to groceries. Add this on top of record high youth unemployment and the manufacturers getting hit with tariffs you get a recipe for instability and volatility in mainland China.
>>60224906Fucking kek China is just going to devalue its currency to undercut the tariffs. Why the fuck are we in a wage slave competition against wage cage the country.
>>60225378So you're saying Trump is wrong?
>>60225411I think the key concept is that Trump is not real and homosexual.
>>60224916Its good when you want to export things at the cheapest possible price. What is china gonna do? Indefinitely devalue their currency?Its a zero sum game at this point for the chinks.
This means they will attack Taiwan sooner rather than later, and the global economy will slide.
>>60225411All he has said is that the government manipulated their currency is bad practice but its clear the plan is to use it against them. Outside looking in it seems like they are trying to squish Xi and the CPP on both sides from an already unhappy chinese population and the tariffs creating a rock in a hard place. They are devaluing the yuan to their own citizen's detriment to appease the US consumer
>>60225459There is no incentive to attack Taiwan. Why would they want to rule a tiny tropical island with almost no natural resources full of people who don't like them and risk economic sanctions from entire west (worst than current tariffs)? It would be easier to control Taiwan with soft power.
>>60224973>yes but...racemixingmutt moment
>>60225524>It would be easier to control Taiwan with soft power.They blew that with the Hong Kong crack downs.
>>60225493Yea, that is not what the Trump administration is saying in every interview, so I don't know what you mean by " its clear the plan is to use it against them." If it was clear, there would be no market volatility.
>>60225524they can seize TSMC (semiconductor manufacturer) for one, then say goodbye to the american tech sector and stock market
>>60224906>>60224973>>60224979>>60225015>>60225021this board, man....does anyone know what % of this board is either bots or kids?
>>60225582>they can seize TSMCNope, Taiwan can just blow up TSMC plants if they are losing. You also need the engineering expertise and supply chain.
>>60225021smoggy
>>60225582You don't think Taiwan would destroy everything scorched earth? Do you realize they'd be going from living in a country with a pretty good quality of life to the absolute worst on the planet?Basically the Russia Ukraine situation except Taiwan actually has something to lose.
>>60225591>Taiwan can just blow up TSMC plants if they are losingachieves the same affect
Chinabros...not like this..
HONG KONG (Reuters) -U.S. investment bank Goldman Sachs revised down its forecasts for China's GDP growth to 4% in 2025 and 3.5% in 2026, from previous projections of 4.5% and 4.0% respectively, citing the negative effects of tariffs.OY VEEEEEY! WINNIE THE POOH IS GONNA FALL!!!!
>>60225378They get most of their oil from Russia, whose currency has been far more devalued
All of Hong Kong is gonna be right back in the streets protesting.
>>60225237You must be 18+ to post on 4chan.
>>60225055YTD is still down. Fuck off dipshit.
>>60225589At times like these, about 80%
>>60224906So...Crude oil dumps to levels not seen in years. Russias biggest trading partner devalues its currency.No end in sight for the war in Ukraine.How is the Russian economy going to do this year?
>>60228238economy?
>>60225152Want to be a slave again?
>>60225601>Do you realize they'd be going from living in a country with a pretty good quality of life to the absolute worst on the planet?Either USA helps Taiwan, or it's over anyway. And if the US cucks out and doesn't help them, EU loves refugees apparently, they can just go there instead of staying on a desolate land. In nice comfy houses conveniently located near ASML.
>>60224906Devaluation is quite literally good for their manufacturing lol, econ 102
>>60224916>devaluation is based>t. European
>>60226887What are you going to cry about in a few months when YTD is green, panican?
The Chinese can blame Trump for this and, unlike leftoids in the US, they'd be right. As long as they have a scapegoat, the CPC can get away with anything
People ITT really think a strong currency is a good thing for an export-based economy. You guys need to do some googling.
>>60224906Meanwhile, Scott Bessent was saying that China must absolutely not devalue their currency because that would be "a tax on the rest of the world"https://www.reuters.com/world/china-trade-escalation-unfortunate-loss-them-us-treasury-secretary-says-2025-04-09/
>>60225024China has ultra-low inflation. They have a lot of room to go.
>>60229012It's idiotic, the average Chinese will have more trouble affording an iphone, who gives a shit? They manufacture most domestic goods on the planet and have local substitutes, Americans don't if they continue the plan with embargoing their exports
>>60229646>"If China starts devaluing, then that is a tax on the rest of the world and everyone will have to keep raising their tariffs to offset the devaluation. So I would urge them not to do that and to come to the table," Bessent said.He's either trolling or half of /biz/ is more qualified to have his job than he is.
>>60224916CHING CHONG PING PONGI RRROVE BWC
>>60225021>>60225015>>60224979>>60224973You retards realize that currency devaluation is one of the things trump complained about and wanted to stop? He‘s losing
>>60224906isnt devaluation convient when you export a lot?
>>60224916>child soundsshut up
>>60224995thisHUGE WIN
>>60228238All that matters is banan and more land, economy and indoor toilets is homo westoid concept that is of no concern to mighty BRICS warriors.
>>60224906So Trump is effectively doing the same thing the Chinese government does on its own and something he’s openly criticized the CCP for. Can someone explain what kind of 4D chess this is supposed to be?
>>60225055I took 20k away from you then gave 15k back to you, clearly I am the most charitable person in your life.
>>60224906So, is China going to retaliate by dumping U S. treasury bonds? They could destabilize the dollar.
>>60224906here's a lesson for you retards:china is the worlds biggest exporter of manufactured productsdevaluing the currency is GOOD for them, since their products become cheaper in dollar value and therefore more desirabletrump wants america to become more industrializedguess what... for that to happen, he needs to devalue the US dollar. and he ACTUALLY want that >>60229646americans will become POORERthe retards who voted for him voted against their own interests, yet keep defending him...
>>60225589Pajeets run wild here and ever since the tariff shit started, commie redditors and twitter subhumans have been showing up to seethe and shitpost endlessly. Few, if any of them, are invested in anything, don't understand even the basics of the market, and are really only here for the dopamine kick they get from screeching about politics on the internet.
>>60231214>if china gives all their printed money away for free to its buyers and then requires then to pay in all their printed money then china winsokl m a o
>>60229734>>60231402you should send Trump your CV, anon. I'm 100% sure he will hire you.
Where should I build my sweatshops in America?
>>602296464D chess is when you let your bluff go right away without even bothering to wait and see if your opponent slips up first
>>60231422He should with some of the dicksucking retards he insists on employing.
>>60225591>>60225601>lets ruin our lives instead of just begrudgingly being integrated into china because mutts would be butthurt if china got TSMCTaiwan would fold the moment it was clear they were being conquered.
if youre a major exporting country and your domestic population doesnt rely too much on imports for consumer goods, a weak currency is basedwe always loved our weak currencyt. german
>>60231864They are an island and they are very good at tech and drones. 150k army and 1.6 million reservists. A Chinese invasion might turn the Russian pontooning incident into something that looks like an amuse bouche by comparison.
>>60224906It's good when you're an export focused economy, that's why China manipulates it's currency to be weaker than it should be.
>>60224906Lmao, Bessent desperately wanted the Rmb to appreciate you moron, he wanted to Plaza Accord themAlso as forex charts go, USDCNY is a pretty stable and boring rangebound between 6 and 7.5 since 2008. USD versus the ruble, now, there's some excitement
>>60232534Also, who dafuq is gonna try to break the PBoC? They got $3T in declared reserves. And another ~$2-3T stashed in SOE banks and Benelux accounts.How much Rmb is even available for borrow on the market? And Bessent has secretly built a short position without anyone knowing… one big enough to drain PBoC reserves… to crash the Rmb when he wants it to rise?
>>60224906how will this affect my $buttcoin though? couldn't care less about obese, psychopathic americans suffering. they need a great restart. don't care about subhuman chjnamen suffering either, nowhere near as much as i hate americans but quite close.
>>60224924>>60224916Why can't china just increase the value of their currency, allowing their CITIZENS to consume the products they make?Why do they need to make them poorer by devaluation just so they can export their shit to other nations?
>>60228238They will collapse this year for sure. Any day now really.
>>60236697????currency value doesn't really affect domestic consumption
>>60236697>Why can't china just increase the value of their currency, allowing their CITIZENS to consume the products they make?lmao. shut the fuck up you fucking brainlet.
>>60236651>nowhere near as much>but quite close
>>60236738LOL>>60236744>no argument
>>60237082you can lol all you wantchinese people are paid in yuan, their products are priced in yuan. whether or not the yuan is weak or strong barely moves the needle in terms of what domestic products they can afford.
>>60237082>>>60236744 (You)>>no argument>pls spoonfeed me
>>60224906I mean yeah, and the euro shat itself too when the UK did brexitnobody wins from this, I don't get this thread
>>60237095are you retarded? or are you assuming all goods are subsidized by the CCP? or maybe produced locally?
>>60237309currency being devalued doesn't impact domestic consumption, this is a fact. take econ 101 or something. you're stupid
>>60237309>or maybe produced locally?I said in every post that I'm talking domestic goods, yes. And yes, China does produce a whole lot of shit domestically.
>>60237330but no country is self sufficient, they still need goods that come from outside even to produce things which are priced based on their currency
>>60225102Their stuff is fairly priced too. You can buy a BYD car for around 50% of the price you'd pay in the UK etc. When I went to China last year, I could have a good quality meal for about $3 with a beer. Then I went back to Hong Kong and they wanted $20 for a bowl of noodles in a restaurant - similar to US/Europe etc.
>>60237355yes, in the grand scheme of things everything is connected. and there are also knock-on effects if your currency value changes dramatically as you suddenly have more or less price pressure from competition abroadbut it's not a strong effect. there are a million things that have a bigger impact on the average chinese citizen's everyday consumption than the strength of the yuan
>>60237309>>60237355>are you assuming all goods are subsidized by the CCP? or maybe produced locally?>>60236697 literally said>allowing their CITIZENS to consume the products they make?>consume the products they make
>>60237355China, more than any other is far more domestically secure in their production though. But every Chinese business owner wants a German marque car, huge house/apartment, private schooling etc. To realistically achieve this, the small business owner needs the West to supply to. The difficulty is too high to achieve real wealth domestically.
I can't tell if this thread is satire.
>>60225055Doesn't stocks suppose to be a steady climb up not constant shifting up the wazoo?
>>60231214Okay what is the end game? Americans become poor so they work in factories?
The (((US))) has gentilly encouraged China to strengthen the yhan against the dollar since it's inception into the WTO. For a time they did, since the Ukrainian War they've heavily inflated it as it became clear we are entering a unipolar world away from a jewish one world government.
>>60237504>>60237504yup. first, I'll be honest and tell you that I'm not expert on this shit. but one can always apply some knowledge and common sense to things, right?how do you become competitive enough to sell industrial products if your currency is high value, which means your supplies and work force is too expensive for others to buy your shit?there are things like high tech (small node) chips that1- few countries in the world can produce because of the bleeding edge tech2- production can be fully automatedso that shit can be produced at home for export to some degree.but to stop depending on china?? they want to devalue the USD and make americans poorer.AFAIK this would also help devalue the debt...also, what's a better incentive for industralization than war? oddly, they are talking about going to war against iran, and have talked for quite a while about war against china.google "A User’s Guide to Restructuring the Global Trading System". read the paper (it's not too long). that's their plan.
>>60237095If their currency was much more valuable, they could buy the products their country produces instead of shipping them to america.
>>60237649they can still do that even with a weak yuan? what do you think chinese people buy to, you know, live?
>>60236697china is export super power so devaluation their currency is good for them, unlike import country like the us
>>60237671>they can still do that even with a weak yuan?so the businesses are just going to radically reduce their prices and sell exclusively to poor chinks?if the currency was worth more, the chinese businesses would get much more profit than they do now>>60237678>china is export super power so devaluation their currency is good for themit's good for production, but it's terrible for consumptionchinese people are basically slaves
>>60237749judging by this comment I'm starting to think you dont understand currency value, exchange rates or imports/exports
>>60237763why do you think countries with strong currencies can import shit CHEAPLY from all over the world?poor countries have WEAK currencies
>>60237800>why do you think countries with strong currencies can import shit CHEAPLY from all over the world?because their currency trades for a large amounts of the weaker currency.the prices don't change. or, to go back to your points, a weak yuan does not mean chinese businesses have to "reduce their prices" to sell to "poor chinks"
Sorry mutts being American just isn’t cool anymore, everywhere you go people make fun and laugh at you if not outright hostile Your time is up, you lost
>>60237749If you do not understand this, after 100 posts, I do not think you ever will be able to understand it.>>60237800Why would China need to import shit? Better to sell twice as much due to weak currency and buy more quality stuff from abroad IF one needs to. They are fully able to build all kinds of shit domestically, unlike you.
>>60237817you legitimately dont understand, its incredible someone is this retardedwhy do you think swiss people can import shit for extremely cheap from the rest of the world?why do you think this is nearly impossible for chinese people?think retard think
>>60237892Yes, a strong currency helps you with imports. When was this ever in doubt? We were talking about domestic production, about chinese people buying from chinese companies. Are you trying to change the subject because you realised you're retarded?
>>60237883>Why would China need to import shit?Because chinese consumers want higher standards of living? duh>Better to sell twice as much due to weak currencySo work twice as hard for less gain? kek>They are fully able to build all kinds of shit domesticallyWhat about CONSUMING shit? which is literally the point of production
>>60237875>
>>60240344>chinamuttlmao, imagine being butthurt and calling other people mutts
>>60240540>>chinamutt>lmao, imagine being butthurt and calling other people mutts
>>60224916>>60230804>trying to reason with muttsanon...I...
>>60224916>>60224924China already has manufacturing dominance, they don't want a crashing currency and skyrocketing deflation. The orange man is retarded but so are you.
>>60240876you mean inflation. that’s what’s happening to the Yuan and it’s actually good for exports because to importers the goods will be cheaper.
>>60240890China is experiencing deflation as well falling tax revenue.
>>60240890No, it's deflation. The cost of buying Chinese goods is falling because the value of the yuan is falling, foreign currencies can purchase more goods per currency units. And the deflation was ongoing before the Trump tariffs, China is overproducing, manufacturers are selling at razor-thin margins. It's also really bad for China, not just because they lose the US market, but because they're already in a precarious position and unprepared for a global recession.
>>60240913how is it devaluing in the forex market then? this makes no sense.the purchasing power per basket of goods is increasing except for when it comes to foreign currencies? has this ever happened before to any currency?
>>60225378You're saying that if their currency is low they can afford to import more? This board is nothing but nonsense these days.
>>60240960Factory-gate deflation. They are experience slower growth and also increasing sovereign debt.https://www.reuters.com/world/china/chinas-consumer-prices-extend-declines-march-2025-04-10/
>>60241024That's actually the exact opposite of what he said. you are retarded
>>60225378>It becomes a lot more expensive for them to buy Oil, LNGXinnie could just you know, bully Russia into getting an even bigger discount on those.It's not like the Monke men has an option.
>>60231864>we'll just kick the door and the whole rotten house would fall
