The US Treasury Department today released its semiannual Report to Congress on International Economic and Exchange Rate Policies, notably choosing not to label China a currency manipulator. The report stated the renminbi (RMB) has appreciated by 9.3 percent, and 12.6 percent at an inflation-adjusted rate, since June 2010. However, Treasury characterized the RMB as remaining "significantly undervalued" and emphasized that "more progress is needed" to effectively address currency...
Week in Review: Both Sides Working Towards Phase One Deal, New Restrictions on Chinese Diplomats, and New Hong Kong Legislation October 18, 2019
Week in Review: Talks to Conclude This Afternoon, Commerce Blacklists More Chinese Companies, and NBA Sparks Response from Policymakers October 11, 2019
Week in Review: Talks Still On, USTR Grants More Exclusions, and Bipartisan Support for Hong Kong October 4, 2019
Week in Review: October Deal Far Off, Administration Considers Investment Curbs, and Sanctions September 27, 2019