Washington Update

October 22nd, 2018
Angela Deng, Manager, Government Affairs

Treasury strongly criticizes China but withholds from calling it a currency manipulator

In its semiannual report on other countries’ foreign exchange practices, the US Department of the Treasury maintained China on its currency monitoring list, but again refrained from labeling China a currency manipulator.

The findings of Treasury’s new report on China are the same as those of Treasury’s previous report in April. Like its previous report, Treasury placed China on its...

October 5th, 2018
By Angela Deng

Vice President Pence warns of China’s aggression against the United States

In a speech at The Hudson Institute on Thursday, Vice President Mike Pence asserted that China is applying a “whole-of-government approach,” consisting of propaganda and economic, military, and political “tools,” to expand its “influence” and “interests” in the United States. In the face of China’s aggression, Pence vowed that the United States “will not stand down.”

On China’s “economic tools,” Pence...