Negotiations in Washington last week between China and the United States appeared to have made progress towards a “phase one” trade deal. Photo: Reuters

China-US currency deal would not be a new Plaza Accord of one-sided exchange rate movement, analysts say

  • Currency provisions are expected to be included in any interim deal between China and America following progress made during talks last week in Washington
  • The 1985 Plaza Accord saw Japan, France, Germany, Britain and the US push down the value of the US dollar, resulting in the Japanese yen doubling in value
Topic |   US-China trade war
Negotiations in Washington last week between China and the United States appeared to have made progress towards a “phase one” trade deal. Photo: Reuters
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