China no longer a currency manipulator, Treasury says in its latest report

Ahead of the signing of a phase-one trade agreement between the U.S. and China, the Treasury Department, in a report to Congress that was officially due three months ago, says Beijing is no longer a currency manipulator. “The Treasury Department has helped secure a significant Phase One agreement with China that will lead to greater economic growth and opportunity for American workers and businesses,” Treasury Secretary Steven Mnuchin said in a statement on the report, released on Monday. “China has...