Treasury’s currency report does not name China a manipulator; maintains watch list
The Treasury Department on Wednesday again decided that China does not meet its definition of a currency manipulator, though its latest report to Congress on the currency practices of major U.S. trading partners says Beijing is of “particular concern” and will remain on a monitoring list along with Japan, South Korea, Germany, India and Switzerland. “The Treasury Department is working vigorously to ensure that our trading partners dismantle unfair barriers that stand in the way of free, fair and reciprocal...