Posts Tagged ‘currency manipulator’

The tightrope walk continues, a lot of attention on China, as they may hold our future in their hands…


US delays China ‘currency manipulator’ report

yuan notes Countries including the US have accused China of keeping the yuan artificially low

The US government has delayed a report – which was expected on Friday – that could officially brand China a “currency manipulator”.

The US Treasury releases two reports a year on the currency practices of its major trading partners.

It has so far held back from naming China. The report is not now expected until after an upcoming G20 summit.

China said the US should not use the weak yuan as a “scapegoat” for its own economic problems.


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