Looking inside ourselves and out at the world
Independent and neutral with regard to all political and religious orientations,® aims to promote awareness of the major democratic principles on which tolerance is based.

US: China's Currency 'Significantly Undervalued'

The United States Treasury criticized China for "significantly" undervaluing its currency, but again refrained from labeling Beijing a currency manipulator. In its twice-yearly report, the Treasury acknowledged that China's currency has appreciated. But it said the increase is too slow and has not gone far enough. Beijing announced last month it would allow the value of the yuan to fluctuate more against the dollar -- a move welcomed by Washington. However, the...

Read complete article
© Voice of America -

Follow us on ...
Facebook Twitter