https://sg.finance.yahoo.com/news/imf-says-china-may-more-201233307.html
The US called China a currency manipulator after China's refusal to support its RMB. Basically, the US wants China to manipulate its RMB. When China refuses to do so, the US labels China as a manipulator. Does this sound right?
The IMF has come out to defend China now because it is really ridiculous to label China as a manipulator when China stops intervening its RMB.
http://sg-stock.blogspot.com/2019/08/the-us-has-labelled-china-as-currency.html
The US is making itself a laughing stock in the whole world.
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