Treasury Secretary Steven Mnuchin sent a warning that the yuan is being monitored closely because Beijing’s monetary policy lacks transparency. Photo: Bloomberg.

US Treasury report brings a small reprieve to China in trade war

  • Despite Trump’s claims, Treasury Department has declined to label China a currency manipulator
  • Report finds that direct intervention by China’s central bank has been limited
Topic |   Yuan

TOP PICKS

Treasury Secretary Steven Mnuchin sent a warning that the yuan is being monitored closely because Beijing’s monetary policy lacks transparency. Photo: Bloomberg.
READ FULL ARTICLE