Global Times has the article Washington’s risky calculation of currency war.

A depreciating yuan would be favorable to China’s exports, but also put pressure on China’s capital flight, stimulate inflation and affect the market’s expectation of the country’s economic outlook. Why would China manipulate toward such a mixed blessing?

The renminbi’s recent fast depreciation is obviously a result of multiple market factors. And among them, the trade war launched by the US is a major driving force.

Here is a point of view I don’t expect that you will read in the USA’s corporate media. I wonder if #45 thought about this possibility when he started the trade war.