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