--- title: "Meaning & Key Takeaway of: China only did the biggest devaluation in…" description: "\"China only did the biggest devaluation in 20 years, only for one reason. Because they could get away with it.\" — Donald Trump" image: "https://sms4smile.com/quotes/i/1bf/donald-trump-18_china_china-only-did-the-biggest-devaluation-i_1475098.jpg" --- # China only did the biggest devaluation in 20 years, only… ![“China only did the biggest devaluation in 20 years, only for one reason. Because they could get away with it.” quote by Donald Trump](https://sms4smile.com/quotes/i/1bf/donald-trump-18_china_china-only-did-the-biggest-devaluation-i_1475098.jpg) [Download](https://sms4smile.com/quotes/i/1bf/donald-trump-18_china_china-only-did-the-biggest-devaluation-i_1475098.jpg) [Open image](https://sms4smile.com/quotes/i/1bf/donald-trump-18_china_china-only-did-the-biggest-devaluation-i_1475098.jpg) > “China only did the biggest devaluation in 20 years, only for one reason. Because they could get away with it.” [Donald Trump](https://sms4smile.com/quotes/author/donald-trump/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. China's massive devaluation was a strategic move exploiting global financial flexibility. **In simple terms:** China devalued currency strategically. Key Takeaway Consider the broader impacts of currency manipulation. Themes economics strategy politics Mood analytical concerned Type opinion political When to use this quote - investment decisions - trade negotiations - policy analysis Key Concepts currency markets geopolitics policy making Questions to Reflect On - What are the risks of such devaluation? - How does it affect global markets? A Different Perspective The statement lacks nuance about domestic economic pressures. ★ ★ ★ ★ ★ No ratings yet [China](https://sms4smile.com/quotes/about/china/) [Devaluation](https://sms4smile.com/quotes/about/devaluation/) [Reason](https://sms4smile.com/quotes/about/reason/) ## Related quotes > [ In the trade pact you know that was recently agreed to, I said you have to talk about devaluation. Because that's been their \[China\]… ](https://sms4smile.com/quotes/donald-trump/in-the-trade-pact-you-know-that-was-recently-agreed-to-i-said-you/) [Donald Trump](https://sms4smile.com/quotes/author/donald-trump/) > [China has other problems, but the devaluation has allowed them to make it impossible for us to compete.](https://sms4smile.com/quotes/donald-trump/china-has-other-problems-but-the-devaluation-has-allowed-them-to-make/) [Donald Trump](https://sms4smile.com/quotes/author/donald-trump/) > [We're being taken advantage of because we have leaders who are incompetent. They don't even know. When I went out and told them you…](https://sms4smile.com/quotes/donald-trump/we-re-being-taken-advantage-of-because-we-have-leaders-who-are/) [Donald Trump](https://sms4smile.com/quotes/author/donald-trump/) > [In America, we're being hurt very badly by China with devaluation, with taxing us heavy at the borders when we don't tax them, with…](https://sms4smile.com/quotes/donald-trump/in-america-we-re-being-hurt-very-badly-by-china-with-devaluation-with/) [Donald Trump](https://sms4smile.com/quotes/author/donald-trump/) > [With China, their primary weapon in China is what they've done with the devaluation of their currency.](https://sms4smile.com/quotes/donald-trump/with-china-their-primary-weapon-in-china-is-what-they-ve-done-with/) [Donald Trump](https://sms4smile.com/quotes/author/donald-trump/) > [IBM, Microsoft, the profit they made was larger than the top four banks in China put together... But where did the money go?](https://sms4smile.com/quotes/jack-ma/ibm-microsoft-the-profit-they-made-was-larger-than-the-top-four-banks/) [Jack Ma](https://sms4smile.com/quotes/author/jack-ma/) > [It was good to launch the economy in the '50s. Japan did this; China did this; even South Korea did this. All the East…](https://sms4smile.com/quotes/jairam-ramesh/it-was-good-to-launch-the-economy-in-the-50s-japan-did-this-china-did/) [Jairam Ramesh](https://sms4smile.com/quotes/author/jairam-ramesh/) > [What is applicable is to understand that first of all China has undergone a huge revolution in the last years. Anyone who saw China…](https://sms4smile.com/quotes/henry-a-kissinger/what-is-applicable-is-to-understand-that-first-of-all-china-has/) [Henry A. Kissinger](https://sms4smile.com/quotes/author/henry-a-kissinger/) > [You've got to remember the Cold War was a very real thing then, so the relationship with the United States was very, very important.…](https://sms4smile.com/quotes/bob-hawke/you-ve-got-to-remember-the-cold-war-was-a-very-real-thing-then-so-the/) [Bob Hawke](https://sms4smile.com/quotes/author/bob-hawke/) > [“In the Chinese version of exceptionalism, China did not export its ideas but let others come to seek them.”](https://sms4smile.com/quotes/henry-kissinger/in-the-chinese-version-of-exceptionalism-china-did-not-export-its/) [Henry Kissinger](https://sms4smile.com/quotes/author/henry-kissinger/) > [I spent 20 years of my life building up Queen, and now I'm spending years of my life trying to get away from it.](https://sms4smile.com/quotes/brian-may/i-spent-20-years-of-my-life-building-up-queen-and-now-i-m-spending/) [Brian May](https://sms4smile.com/quotes/author/brian-may/) > [And there certainly could be a softening, because we're not looking to hurt people.If you have somebody that has been in the country for…](https://sms4smile.com/quotes/donald-trump/and-there-certainly-could-be-a-softening-because-we-re-not-looking-to/) [Donald Trump](https://sms4smile.com/quotes/author/donald-trump/) > [The greatest threat facing America today is the disastrous fiscal policies of our own government, marked by shameless deficit spending and Federal Reserve currency…](https://sms4smile.com/quotes/ron-paul/the-greatest-threat-facing-america-today-is-the-disastrous-fiscal/) [Ron Paul](https://sms4smile.com/quotes/author/ron-paul/) > [“Printing dollars at home means higher inflation in China, higher food prices in Egypt and stock bubbles in Brazil. Printing money means that U.S.…](https://sms4smile.com/quotes/james-rickards/printing-dollars-at-home-means-higher-inflation-in-china-higher-food/) [James Rickards](https://sms4smile.com/quotes/author/james-rickards/) > [The devaluation of words and promises regarding free enterprise is, in principle, worse than the devaluation of the rouble](https://sms4smile.com/quotes/dmitry-medvedev/the-devaluation-of-words-and-promises-regarding-free-enterprise-is-in/) [Dmitry Medvedev](https://sms4smile.com/quotes/author/dmitry-medvedev/) ## More by Donald Trump > [I'm gonna bring America together.](https://sms4smile.com/quotes/donald-trump/i-m-gonna-bring-america-together/) [Donald Trump](https://sms4smile.com/quotes/author/donald-trump/) > [We need a system that serves our needs, not the needs of others. Remember, under a Trump administration it's called America first. Remember that.](https://sms4smile.com/quotes/donald-trump/we-need-a-system-that-serves-our-needs-not-the-needs-of-others/) [Donald Trump](https://sms4smile.com/quotes/author/donald-trump/) > [ Vote for Donald Trump. You're going to see something and you'll be so happy, you'll be so thrilled. This \[presidential\] election is about every… ](https://sms4smile.com/quotes/donald-trump/vote-for-donald-trump-you-re-going-to-see-something-and-you-ll-be-so/) [Donald Trump](https://sms4smile.com/quotes/author/donald-trump/) > [As far as Japan is concerned, I want to help all of our allies, but we are losing billions and billions of dollars. We…](https://sms4smile.com/quotes/donald-trump/as-far-as-japan-is-concerned-i-want-to-help-all-of-our-allies-but-we/) [Donald Trump](https://sms4smile.com/quotes/author/donald-trump/) > [Change your attitude and gain some altitude. Believe me, you'll love it up here.](https://sms4smile.com/quotes/donald-trump/change-your-attitude-and-gain-some-altitude-believe-me-you-ll-love-it/) [Donald Trump](https://sms4smile.com/quotes/author/donald-trump/) > [In my former life I was in insider, as much as anybody else. And I knew what it's like, and I still know what…](https://sms4smile.com/quotes/donald-trump/in-my-former-life-i-was-in-insider-as-much-as-anybody-else-and-i-knew/) [Donald Trump](https://sms4smile.com/quotes/author/donald-trump/) > [If you have a good idea you must explain it or you will fail.](https://sms4smile.com/quotes/donald-trump/if-you-have-a-good-idea-you-must-explain-it-or-you-will-fail/) [Donald Trump](https://sms4smile.com/quotes/author/donald-trump/) > [You know, we can't beat ISIS. We can't do anything. We can't take care of our vets. We can't have good health care. "Obama…](https://sms4smile.com/quotes/donald-trump/you-know-we-can-t-beat-isis-we-can-t-do-anything-we-can-t-take-care/) [Donald Trump](https://sms4smile.com/quotes/author/donald-trump/) > [I have my own opinions; you can have your own opinions.](https://sms4smile.com/quotes/donald-trump/i-have-my-own-opinions-you-can-have-your-own-opinions/) [Donald Trump](https://sms4smile.com/quotes/author/donald-trump/) > [ David Cameron was wrong on this \[Brexit\]. He didn't get the mood of his country right. He was very surprised to see what happened. ](https://sms4smile.com/quotes/donald-trump/david-cameron-was-wrong-on-this-brexit-he-didn-t-get-the-mood-of-his/) [Donald Trump](https://sms4smile.com/quotes/author/donald-trump/) > [The interesting thing is that everyone in golf is just nice. You learn a lot about people playing golf: their integrity, how they play…](https://sms4smile.com/quotes/donald-trump/the-interesting-thing-is-that-everyone-in-golf-is-just-nice-you-learn/) [Donald Trump](https://sms4smile.com/quotes/author/donald-trump/) > [So in our shared mission to make America great again, I support and endorse our Speaker of the House, Paul Ryan.](https://sms4smile.com/quotes/donald-trump/so-in-our-shared-mission-to-make-america-great-again-i-support-and/) [Donald Trump](https://sms4smile.com/quotes/author/donald-trump/) > [I would've easily won the popular vote, much easier, in my opinion, than winning the electoral college.](https://sms4smile.com/quotes/donald-trump/i-would-ve-easily-won-the-popular-vote-much-easier-in-my-opinion-than/) [Donald Trump](https://sms4smile.com/quotes/author/donald-trump/) > [I didn't do anything for Russia. I've done nothing for Russia. Hillary Clinton gave them 20% of our uranium.](https://sms4smile.com/quotes/donald-trump/i-didn-t-do-anything-for-russia-i-ve-done-nothing-for-russia-hillary/) [Donald Trump](https://sms4smile.com/quotes/author/donald-trump/) > [I want regulation. I want to protect our environment. I want regulations for safety. I want all of the regulations that we need, and…](https://sms4smile.com/quotes/donald-trump/i-want-regulation-i-want-to-protect-our-environment-i-want/) [Donald Trump](https://sms4smile.com/quotes/author/donald-trump/) [Explore all 3,556 Donald Trump quotes ](https://sms4smile.com/quotes/author/donald-trump/) ## More China quotes > [I don't want to go into space because of war. I think we would if it was triggered. If China said they want to…](https://sms4smile.com/quotes/neil-degrasse-tyson/i-don-t-want-to-go-into-space-because-of-war-i-think-we-would-if-it/) [Neil deGrasse Tyson](https://sms4smile.com/quotes/author/neil-degrasse-tyson/) > [ \[The Dalai Lama\] told me some years ago, "I've made every concession to China, and I've been as open and tolerant as I could,… ](https://sms4smile.com/quotes/pico-iyer/the-dalai-lama-told-me-some-years-ago-i-ve-made-every-concession-to/) [Pico Iyer](https://sms4smile.com/quotes/author/pico-iyer/) > [One of the things the United States does well is building coalitions. What the U.S. knows is that if you don't have a coalition…](https://sms4smile.com/quotes/shimon-peres/one-of-the-things-the-united-states-does-well-is-building-coalitions/) [Shimon Peres](https://sms4smile.com/quotes/author/shimon-peres/) > [Personally, I prefer contemporary films, but the market calls for more period choices, especially since China opened up a cinema market in Hong Kong.…](https://sms4smile.com/quotes/donnie-yen/personally-i-prefer-contemporary-films-but-the-market-calls-for-more/) [Donnie Yen](https://sms4smile.com/quotes/author/donnie-yen/) > [There is no precedent of an advanced economy withdrawing from a trade agreement as deep and as complex as the European Union.](https://sms4smile.com/quotes/jo-johnson/there-is-no-precedent-of-an-advanced-economy-withdrawing-from-a-trade/) [Jo Johnson](https://sms4smile.com/quotes/author/jo-johnson/) > [In China, people are moving from bigger cars to small hatches, and interestingly, the Indian market is graduating to bigger cars and sedans. I…](https://sms4smile.com/quotes/winfried-vahland/in-china-people-are-moving-from-bigger-cars-to-small-hatches-and/) [Winfried Vahland](https://sms4smile.com/quotes/author/winfried-vahland/) > [Broken china lasts longer than unbroken.](https://sms4smile.com/quotes/jules-renard/broken-china-lasts-longer-than-unbroken/) [Jules Renard](https://sms4smile.com/quotes/author/jules-renard/) > [Language is so specific to art, all the way to the past in China. Previously, people were not allowed to include various regional dialects…](https://sms4smile.com/quotes/jia-zhangke/language-is-so-specific-to-art-all-the-way-to-the-past-in-china/) [Jia Zhangke](https://sms4smile.com/quotes/author/jia-zhangke/) > [I don't see why we and the Chinese should have to be enemies.](https://sms4smile.com/quotes/indira-gandhi/i-don-t-see-why-we-and-the-chinese-should-have-to-be-enemies/) [Indira Gandhi](https://sms4smile.com/quotes/author/indira-gandhi/) > [India may be overtaking China as the world's most polluted country. Even now, which country is worse depends on the day.](https://sms4smile.com/quotes/steve-inskeep/india-may-be-overtaking-china-as-the-world-s-most-polluted-country/) [Steve Inskeep](https://sms4smile.com/quotes/author/steve-inskeep/) > [If China someday gains a more fair, just, and accountable system of government, it will be due to the hard work and efforts of…](https://sms4smile.com/quotes/rebecca-mackinnon/if-china-someday-gains-a-more-fair-just-and-accountable-system-of/) [Rebecca MacKinnon](https://sms4smile.com/quotes/author/rebecca-mackinnon/) > [We're always willing to look at ways NAFTA can work better. But it's a fine line between looking at ways to make it work…](https://sms4smile.com/quotes/stephen-harper/we-re-always-willing-to-look-at-ways-nafta-can-work-better-but-it-s-a/) [Stephen Harper](https://sms4smile.com/quotes/author/stephen-harper/) > [The situation with Tibet has to change. China is one of the last huge dictatorships, holding on to these colonies, provinces. That has to…](https://sms4smile.com/quotes/adam-yauch/the-situation-with-tibet-has-to-change-china-is-one-of-the-last-huge/) [Adam Yauch](https://sms4smile.com/quotes/author/adam-yauch/) > [Put plainly, China seems determined to steal its way up the economic ladder, at our expense.](https://sms4smile.com/quotes/christopher-a-wray/put-plainly-china-seems-determined-to-steal-its-way-up-the-economic/) [Christopher A. Wray](https://sms4smile.com/quotes/author/christopher-a-wray/) > [The remarkable thing about the Chinese is that they've operated differently than the Russians, the Iranians, and the North Koreans. By and large, they…](https://sms4smile.com/quotes/david-e-sanger/the-remarkable-thing-about-the-chinese-is-that-they-ve-operated/) [David E. Sanger](https://sms4smile.com/quotes/author/david-e-sanger/) [Browse all 3,827 China quotes ](https://sms4smile.com/quotes/about/china/) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "China only did the biggest devaluation in 20 years, only for one reason. 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