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: Nicholas Burns Talks China, Nominees Before the Senate, and Treasury Addresses the Digital Yuan October 21, 2021
Week in Review: US-China Trade Talks, Tai Nods at WTO Reform, and US Notes UNHRC Flaws Upon Reelection October 14, 2021
Week in Review: Bilateral Engagement Continues, China Trade Strategy Released, and USTR Opens Tariff Exclusion Comments October 7, 2021
Week in Review: US-EU Trade and Tech Council Meets, China Package Reemerges, and USTR Delays Tariff Increases September 30, 2021