The Obama administration on Tuesday told Beijing it was watching the value of China's currency closely, expressing concern over its recent drop and saying it remains "significantly undervalued." In a semiannual report to Congress, the U.S. Treasury stopped short of declaring China a currency manipulator, but singled it out among large U.S. trading partners for its currency practices.
Read More: http://www.cnbc.com/id/101586410
Read More: http://www.cnbc.com/id/101586410
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