Treasury Says China Isn’t Currency Manipulator

The Treasury Department on Friday again refused to label China a currency manipulator, citing positive discussions with Chinese officials and a decline in the country’s current account surplus.

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  • Lifezette: GOP Platform Undercuts Trump on Trade - American Economic Alert
    Taiwan, and Korea, which, in addition to China, were placed on a new (April 2016) U.S. Treasury Monitoring List for currency manipulators.
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  • How a Spike in the Value of the Dollar Is Hurting the U.S. Economy - Fortune
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    That’s four times the rate of China. ... The British currency later eased back from its two ... In Dublin, the National Treasury Management ...
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  • US stock rally sputters as crude plunges - Malay Mail
    ... with Hong Kong’s Hang Seng China Enterprises ... are limiting the supply of the currency in Hong ... Bonds Yields fell across Treasury ...
    07/13/2016 - 8:11 am | View Link
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BING NEWS:
  • Remember the good old days when 'Trump for president' was a darkly ironic joke between friends?
    But Trump either isn't in on the joke or he's the best deadpan ... is I'd be taking in hundreds of billions of dollars from other countries... I would tax China because they're manipulating their currency; they are taking all of our jobs.
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  • China Is At it Again
    It looks like the South China Sea isn’t the only place the People’s Republic ... “On day one of a Trump administration, the U.S. Treasury Department will designate China a currency manipulator,” Trump wrote last November in The Wall Street Journal.
    07/11/2016 - 3:01 am | View Link
  • I’m sorry Mr Trump, China’s currency isn’t the reason its share of global exports has risen so much
    Trump said that if he were elected president, he would “instruct my Treasury secretary to label China a currency manipulator”. SCMP, June 30 I sometimes think Donald Trump is a good bit like our own developers here. His heart is in the right place but ...
    07/8/2016 - 3:00 pm | View Link
  • Why China is selling our treasury bonds
    According to Meg Lundsager, the former executive director of the U.S. portion of the IMF, China selling our government treasury bonds isn’t a reflection on the U.S. economy, but more of an effort to bolster the Chinese currency. “Dumping U.S ...
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  • Treasury: China Isn’t Currency Manipulator Under US Law
    China isn’t a currency manipulator under U.S. law, though the yuan “remains significantly undervalued” and needs to rise further, the Treasury Department said. China “has substantially reduced the level of official intervention in exchange markets ...
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BING SEARCH:
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