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China manipulating its currency unfairly: US Treasury cautions

October 16, 2009 - 9:31am | Analytics | News
China manipulating its currency unfairly: US Treasury cautions

China's foreign-exchange policy risks "unwinding" some of the progress made in reducing global trade imbalances during the financial crisis, the U.S. Treasury said Thursday in its latest report on foreign-exchange trading. 

 But the department repeated its previous finding that China was not formally manipulating its currency. 
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China | currency | foreign-exchange policy | G-20 Summit | global trade | US Treasury
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