US Treasury stalls on decision to name China ‘manipulator’

us-treasury

The US Treasury on Friday said it would wait until after the G20 meeting in Seoul to decide whether or not to label China a currency manipulator.

The Treasury said it would stall the publication of its report on exchange rates, which is released twice a year and was due out by Friday, "in order to take advantage of the opportunity provided by the important meetings over the coming weeks." The report was set to reveal whether the United States would label China a currency manipulator. The

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