Unemployment in India caused by China

Does anyone knows that the unemployment in India is due to china?
Yes many people viewing this post doesn't know that china is undervaluing its currency .
It means that the Yuan ( chinese currency) is artificially undervalued so that for each US dollars corresponding Yuan will be more than the actual rate.

Is this possible?
Yes.That is what happening in the world and china is cheating every other country in the world and neglecting them the opportunity to export more (like India)

How china is doing this?
China has more than $3 trillion in reserves(F Ex). So they can change the nature (value) of US dollars because of such a huge reserve.They can do this by buying US currency (from trade) and offering bonds to chinese investors to reduce money supply.So their currency Yuan will become weak when compared with dollar.

What is the use of doing so?
By doing this they will have the benefit of exporting materials to US people as goods will be cheaper than other countries (Indirectly affecting trade in India). The US companies will also start their branches in china as labour is cheap and raw materials are cheap wen compared .

How this will affect chinese people?
Yes even chinese are getting affected by this (communist govt) .As the currency value is low they cannot import items into their country as they will cost more than the goods manufactured in china itself.So they have the bear with the quality they get thr.

How India is suffering because of this?
Ofcourse India is the Only big challenger to china in terms of export in Asia region.So naturally other countries(Especially US) will go for china than India because of the value of goods.This is affecting the growth of India economically and also causing very good US companies(causing unemployment in some cases and lost opportunity in other) as these to shift its base away from India and to china.

China threatening US
Indirectly china is threatening US as it can readily collapse US economy.
1)As china is the biggest exporter to US
2)China holds huge amount of US currency and if it sells them(exchange in open)than US currency value will decrease to larger extent making US economy to tumble.
3)Again a threat to US by causing unemployment (biggest problem which the current govt is facing)