The US Treasury Department is not labelling China as a currency manipulator. Illustration: Reuters
The US Treasury Department is not labelling China as a currency manipulator. Illustration: Reuters

New US Treasury report does not label China as a currency manipulator

  • In the first foreign exchange report of the Biden administration, Treasury Secretary Janet Yellen keeps China on a watch list for its practices
  • Taiwan is on the watch list but was not designated as a currency manipulator

The US Treasury Department is not labelling China as a currency manipulator. Illustration: Reuters
The US Treasury Department is not labelling China as a currency manipulator. Illustration: Reuters
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