The Devaluation of Chinese Currency

The Chinese currency has devalued from modestly, but from six and a half to 7.3 today. We live in a world which has this profound deficit of demand and a profound surplus of savings. If it was for Chinese folk would be richer. And guess what? Like when you make poor people a bit richer, like we saw during COVID, what did they do? They buy stuff and they would buy stuff from us. That's kind of Marxism. Or you say, I'm doubling down. I need a good ask. I need something that's gone in double tripping. Can go triple? Maybe. But I don't think so. Can it triple? Can it