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Posts Tagged ‘ China ’

Treasury: China not a currency manipulator, however “movement of the RMB is insufficient”

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Treasury: China not a currency manipulator, however “movement of the RMB is insufficient”

From Reuters: U.S. says China is not a currency manipulator he Treasury, in a semi-annual report, said that statutes covering a designation of currency manipulator “have not been met with respect to China.” Even so, Treasury said appreciation in the yuan has been too slow. The value of the yuan, which Beijing manages closely,...
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Geithner on Exchange Rate with China

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Geithner on Exchange Rate with China

From the WSJ: China Has Done ‘Very Little’ on Exchange Rate: Geithner “China took the very important step in June of signaling that they’re going to let the exchange rate start to reflect market forces. But they’ve done very, very little, they’ve let it move very, very little in the interim.” And from Paul...
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