US to Refrain from Declaring China a Currency Manipulator in Pending Report

Apr 14, 2021

∙ Paid

*Janet Yellen, President Biden’s recent appointee to the position of Treasury Secretary. (Source: University of Michigan’s Ford School)*

China will not be formally labelled a currency manipulator by the US Treasury Department in their upcoming foreign exchange report, Bloomberg revealed Tuesday, citing people familiar with the matter.

Officials at the depar…

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