A piece in the Hong Kong press (South China Morning Post) with remarks from a former SAFE (State Administration of Foreign Exchange) official

  • (maintaining the yuan's stability) is a bilateral thing
  • It is unreasonable that you (US president Trump) insist on provoking disputes, striking market sentiment, while requiring China on its own handle the mission of stabilising the exchange rate
  • said China and the US have entered a "mutual assured destruction" period

Link here if you'd like more