OREANDA-NEWS Donald Trump called China a forex manipulator after the yuan fell 3.8 percent last month. It is worth noting that this was the sharpest jump in the message of 25 years.

The Central Bank of China denies the intentionality of this act. However, financiers suggest that currency fluctuations are still somewhat controlled by the Beijing authorities.

According to Cheung forecasts, the currency at the end of 2019 will be 7.3. However, a sharp depreciation of money will definitely not happen. If a recession occurs, it will be smooth.