A post office employee counts Chinese yuan at a post office branch set up inside Beijing's Great Hall of the People during the National People's Congress on March 7.
A post office employee counts Chinese yuan at a post office branch set up inside Beijing's Great Hall of the People during the National People's Congress on March 7. - 
Listen To The Story
Marketplace

President-elect Donald Trump is wrong when he says China is holding its currency down. According to the U.S. Treasury Department, China is not a currency manipulator.  It may have been in years past, but for the past two years or more, economists have observed that China is — if anything — propping its currency UP, not holding it down. In the words of one economist, China is "doing the U.S. a favor."

Click the above audio player to hear the full story. 

“I think the best compliment I can give is not to say how much your programs have taught me (a ton), but how much Marketplace has motivated me to go out and teach myself.” – Michael in Arlington, VA

As a nonprofit news organization, what matters to us is the same thing that matters to you: being a source for trustworthy, independent news that makes people smarter about business and the economy. So if Marketplace has helped you understand the economy better, make more informed financial decisions or just encouraged you to think differently, we’re asking you to give a little something back.

Become a Marketplace Investor today – in whatever amount is right for you – and keep public service journalism strong. We’re grateful for your support.