Why does China devalue yuan?

Related questions

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2. Is the yuan free floating?
3. Is the RMB pegged to USD?
4. What is the difference between offshore and onshore?
5. Can RMB be used in Hong Kong?
6. Is the water safe to drink in Hong Kong?
7. Which currency is CHF?
8. Is Beijing safe for tourists?
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10. What is RMB stand for?

Tags

1. #makes
2. #attempt
3. #currencies
4. #chinese
5. #offset
6. #perspective
7. #weaker
8. #impact
9. #imports
10. #higher
11. #foreign
12. #tariffs
13. #exports
14. #cheaper
15. #america
16. #competitive
17. #coming