Trump May Have Wrong Asian Currency in His Crosshairs

President-elect Donald Trump has accused China of ripping off the U.S. on trade and threatened to brand the country a currency manipulator soon after taking office. Yet economists say his new best bud and China nemesis, Taiwan, is much better suited to bearing that damning label.

Sure, China's trade surplus with both the U.S. and rest of the world is far larger than that of the island. But measured as a share of the economy – arguably a better way of judging whether a country is taking advantage of its trading partners – Taiwan's overall surplus is more than six times the size of China's.