China has been blamed, rightly, for disrupting its neighbours' borders, but the new storm of blame for disrupting the world economy is ludicrous.
World markets recoiled and US politicians fumed when Beijing last Tuesday allowed China's currency to fall by 1.9 per cent.
The prominent American economist Stephen Roach said China could be launching a "new and increasingly destabilising skirmish" in the "global currency war".
Donald Trump, that master of understatement, accused Beijing of trying to "suck the blood" out of the US economy.
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