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China’s Exchange Rate Peg ConcerningEssay title: China’s Exchange Rate Peg ConcerningChina’s Exchange Rate Peg concerningTrade Policy with U.S.Overview of the ProblemThe U.S. and China trade imbalance continue to be on the rise. U.S. manufacturing firms and workers voiced complaints over the competitive challenges posed by cheap Chinese imports. China’s trade policy of pegging its currency,.