Currency Manipulator | featured news

US declines to label China currency manipulator

The Obama administration has declined to label China a currency manipulator, although it says China's currency remains significantly undervalued.

 

Obama campaign attacks Romney on Chinese investments

The Obama campaign has attacked Republican Mitt Romney this week for having investments in China, saying it is inappropriate for a presidential nominee to be investing so much money there. Former Ohio governor Ted Strickland (D), a campaign co-chairman, said it “defies logic.” “It may not be illegal, it may not be unethical, but it is unseemly,” he said in an interview. “It just leaves a bad taste in your mouth.”

 

Panel urges U.S. to label China currency manipulator

The United States should use all available tools, including labeling China a currency manipulator, to put pressure on Beijing to raise the value of its yuan, a U.S. watchdog panel said on Wednesday.

 

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