US Trade Representative Robert Lighthizer, Chinese Vice Premier Liu He and US Treasury Secretary Steven Mnuchin during trade talks in Washington in October. Photo: Kyodo
China, US agree to keep yuan exchange rate stable as part of trade deal, Beijing confirms
- Chinese economic official confirms trade deal between Washington and Beijing will include currency clause to keep the yuan ‘basically stable’
- Currency agreement could pave the way for the US to remove its designation of China as a currency manipulator
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US-China trade war
US Trade Representative Robert Lighthizer, Chinese Vice Premier Liu He and US Treasury Secretary Steven Mnuchin during trade talks in Washington in October. Photo: Kyodo