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Louis Giokas
China Observer
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Comments by "Louis Giokas" (@louisgiokas2206) on "China Trapped in Economic Death Cycle: Yuan May Soon Hit 20:1 Against USD Amid Massive USD Hoarding?" video.
Why is the yuan depreciating despite the favorable statistics, GDP growth and trade surplus, continuing to depreciate? The answer is that the statistics are all false. China presents a favorable economic situation. On the other hand, the WSJ has an article reporting titled "China’s Economy Is ‘Failing,’ U.S. Indo-Pacific Commander Says". This is closer to the truth.
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