In a nutshell, China has been devaluing its currency for the past decade through its peg to the US Dollar.

概括地说，中国已在过去十年贬值通过其钉住美元的货币。

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The interim president said he would not devalue the national currency, the peso, nor end its peg to the US dollar - seen by financial analysts as alternative ways to deal with Argentina's enormous economic problems.

BBC: Argentina suspends debt payments