Treasury Department says China isn’t manipulating its currency

[Jun]

WASHINGTON — The Obama administration on Tuesday declined to label China a currency manipulator after seeing recent increases in the value of the yuan compared to the dollar.

Copyright 2011 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


Link to the full aritcle
Treasury Department says China isn’t manipulating its currency to gain a trade advantage - The Washington Post

 

[Chinese-Dragon]

LOL, again.

There are vested interests at work here.

 

[somebozo]

U.S is soo confused over China nowadays...

 

[rcrmj]

U.S is soo confused over China nowadays...

maybe they have logical difficulties?

 

[Chinese-Dragon]

Here is the real question: Some American politicians say that China's currency policy has led to the loss of millions of American jobs.

So why does the American government ALWAYS refuse to cite us as currency manipulators? Time after time, after time again.

In related news:

www.defence.pk/forums/world-affairs/149458-china-japan-trade-own-currencies.html

 

[gambit]

Here is the real question: Some American politicians say that China's currency policy has led to the loss of millions of American jobs.

So why does the American government ALWAYS refuse to cite us as currency manipulators? Time after time, after time again.

In related news:

www.defence.pk/forums/world-affairs/149458-china-japan-trade-own-currencies.html

Because we just happened to have a weak President -- for now. But refusal to cite does not erase the evidences, of which no one has exclusivity of ownership, in other words, EVERY country that deals with China recognized those signs of currency manipulations.

 

[IndMaster]

Because we just happened to have a weak President -- for now. But refusal to cite does not erase the evidences, of which no one has exclusivity of ownership, in other words, EVERY country that deals with China recognized those signs of currency manipulations.

Bush 1 & 2 did the same thing.

 

[below_freezing]

Because we just happened to have a weak President -- for now. But refusal to cite does not erase the evidences, of which no one has exclusivity of ownership, in other words, EVERY country that deals with China recognized those signs of currency manipulations.

China runs trade deficiet with Japan so our currency is actually far undervalued.

 

[ao333]

China runs trade deficiet with Japan so our currency is actually far undervalued.

Or it's because most of what you export is assembled from Japanese component imports.

Gambit: I didn't know impoverished Vietnamese could be elitist Republicans. I guess years of repairing and dreaming to pilot F-15s can really alter one's political preferences.

 

[pluto]

why for me, every country manipulate its currency, more or less?
the U.S just won't let any other country surpass and replace it's no.1 position.

 

[applesauce]

Because we just happened to have a weak President -- for now. But refusal to cite does not erase the evidences, of which no one has exclusivity of ownership, in other words, EVERY country that deals with China recognized those signs of currency manipulations.

so every American government since 1994 has been weak in your eyes. oh and the same president was in power from 1993 to 2001

 

[J-20]

Wah..?? Asian men is not allowed to fly US jet fighter.. ?? too bad for some people here that always love to engage Chinese poster here and still cant earn trust from the polished caucasian men..