Trump could end up solving China’s FX woes

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Trump could end up solving China’s FX woes

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President-elect Donald Trump waves as he arrives at his election night rally, Wednesday, Nov. 9, 2016, in New York. (AP Photo/John Locher) | John Locher/AP/Press Association Images

Donald Trump could end up being China’s best friend following his comments this week that the dollar is too strong. If the US president elect decides to engineer a weaker dollar, it would help solve China’s most imminent issue — capital outflows.

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