MUNICH – Because China has pegged its undervalued currency, the renminbi, to the dollar, every weakening of the dollar in the wake of America’s financial crisis has also meant a weakening of the renminbi vis-à-vis other world currencies. But is China really to blame for the eruption of a global currency war?
慕尼黑——由于中国已经将其估值过低的货币人民币与美国挂钩，因此美国金融危机后美元每次贬值都意味着人民币对其他世界货币贬值。但是中国真的是全球货币战争爆发的罪魁祸首吗？