US Treasury freezes the Chinese Yuan manipulation claim controversy

Saturday, October 15th 2011 - 18:42 UTC

Full article 2 comments

The US Treasury has delayed a ruling on whether China manipulates its currency to gain an unfair trade advantage until later this year. It said the move “will give us a chance to assess progress following several international meetings”. Critics of China say it keeps the Yuan low to keep its exports cheap. Read full article

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briton
oh dear thing are looking down,
will it get better
or will it get worse .
Oct 15th, 2011 - 07:52 pm - Link - Report abuse 0
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Fido Dido
they are freezing it, because they know it's a loser arguement.
both are the manipulators. The Chinese yuan is hedged to the dollar, that is being manipulated by the Federal Resereve.
Oct 16th, 2011 - 07:04 pm - Link - Report abuse 0
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