China is not in the list of “countries manipulating exchange rate” by the USA
Posted On October 18, 2018
Treasury Department in the USA on 17th released the half year’s exchange rate analysis report, demonstrating its trusts towards the main trading partners not manipulating exchange rate, in which China is not listed. This is officially the first exchange rate report since spring from when these partners’ voluntarily devalued their currencies against US dollars as countermeasures to Trump’s trading preserve policy. Critics see it as a signal of being conservative by Trump’s authority.