China has changed its strategy on the US-China trade war. Xi Jinping, the current president, let the Yuan drop in value possibly as a weapon against the US. As of August 5th, 2019, the Yuan is worth 0.14 US dollars; one of the lowest values in the last year. China also proclaimed its decision to stop buying crops from the US. Xi accepts waiting out the possible economic falls resulting from his decision in hopes of long-term gain. He encourages/demands that the Chinese people do the same. It is yet to be seen how his approach works.
The Life and Times of the Karman Krew
