The US is due to conclude its preliminary investigation next week into whether the yuan is being undervalued to give Chinese exporters an advantage. Photo: Bloomberg
The US is due to conclude its preliminary investigation next week into whether the yuan is being undervalued to give Chinese exporters an advantage. Photo: Bloomberg

US ruling on China’s alleged yuan undervaluation could stoke further rift in relations

  • US Department of Commerce due to release findings next week on whether Chinese yuan is undervalued and so constitutes an economic subsidy
  • The ruling could set an important precedent, paving the way for the yuan exchange rate to be used to determine possible trade penalties

The US is due to conclude its preliminary investigation next week into whether the yuan is being undervalued to give Chinese exporters an advantage. Photo: Bloomberg
The US is due to conclude its preliminary investigation next week into whether the yuan is being undervalued to give Chinese exporters an advantage. Photo: Bloomberg
READ FULL ARTICLE