What exactly is China doing to keep the value of their currency low, and why is it important?

What exactly is China doing to keep the value of their currency low, and why is it important?
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answer:They make more of it… lots more of it. The result is inflation which leads their money to statistically be worth less. It’s important because it benefits companies that reside in China and operate off their money. Due to the conversion rate they get a benefit, which is minuscule on small things, but monumental when you’re talking business deals worth millions of dollars. This is also why it actually BENEFITS the US in some cases for the value of the dollar to go down.
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