Chinese messaging app WeChat has become a major platform for political discussions among overseas Chinese, as well as a tool for Western politicians to engage in discourse with local Chinese communities.
It’s hard to tell what worries Chinese Communist regime leader Xi Jinping the most—the U.S. trade war in front of him, a divided cabinet, or a whole country of corrupt, self-serving and unfaithful communist officials.
While the semiannual report stopped short of labelling China a currency manipulator, it carried an implicit warning to Beijing in that much of the text focuses on the importance of keeping a close watch on the yuan to make sure that China is not depreciating its currency to alleviate trade war pains.