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Despite trade tensions, Treasury declines to label China a currency manipulator Despite rising trade friction with China, the Treasury Department again declined to label China a currency manipulator. In a report released Friday, the department said that it remained worried about "the increasingly non-market direction of China's economic development." This posed a "growing risk" to ... US Treasury declines to name China a currency manipulator, adds India to watchlist - Financial Times
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US Dials Up China Criticism But Names No Currency Manipulators The U.S. Treasury didn't name China or any other nation a currency manipulator in its semi-annual foreign-exchange policy report, though it added India to its monitoring list. The department said it's considering expanding the number of nations covered by the report, which currently includes America's ...
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Hong Kong's dollar peg hits crossroads amid currency slide HONG KONG -- The Hong Kong dollar's sharp fall reveals how the currency's peg to the U.S. dollar is colliding with the territory's deepening integration with the Chinese mainland economy. In London, the Hong Kong dollar traded for 7.85 against the greenback at one point Thursday, its weakest level in ...
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