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Tue, Apr

Esper Criticises China For Devaluation Of Its Currency

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U.S. Defence Secretary Mark Esper has criticized China, saying its military and economic strategy goes against the international rules-based order, this follows a growing trade war between the two countries.

 

Esper made the comment on Tuesday in Japan during an official visit.

 

“China continues to destabilize the region. Their military aggression and calculated strategy of predatory economics violates the international rules-based order that we are trying to uphold,” Esper said.

 

His comments came a day after U.S. Treasury Secretary Steven Mnuchin named China as a currency manipulator following a devaluation of China’s currency in another move further escalating the trade war.

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