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China’s Currency on Agenda for US Talks

Talks between the U.S. and Chinese officials next week are expected to address U.S. concerns over China’s currency devaluation, and Beijing’s desire for support on making the yuan a stronger international currency.   Democratic and Republican lawmakers in Congress have criticized China’s moves earlier this year to devalue the yuan, which has fallen about three percent. This week a group of seven lawmakers wrote a joint letter to U.S. Trade Representative Michael Froman and Treasury...

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