Bashing China is a time-honored tradition among U.S. candidates for higher public office, and no one has done that with more zest in this election cycle than billionaire Donald Trump.

Beijing handed the Republican presidential hopeful more ammunition to rail against China when it devalued the yuan on Tuesday, and Trump did not miss a chance.

"(China) continuously cuts their currency, they devalue their currency," Trump said on Wednesday during a campaign stop in Birch Run, Michigan. "They've been doing this for years — this isn't just starting."