NEWSGD.COM
Home | About Us | Contact Us | Site Map | Chinese
News | Biz | Pearl River Delta | Enjoy Life | Culture | Travelling | Pics | Cities & Towns | Gov Info | Specials
Home > News Brief > China
U.S. government says China not currency manipulator
Latest Updated by 2006-05-11 09:58:50
Related News
No timetable for RMB convertibility under capital accounts: official
Traveler with excessive foreign currency fined
RMB exchange rate saw biggest daily fluctuation
China to gradually increase flexibility of RMB exchange rate: official
No more unexpected changes of RMB exchange rates: Wen
Policy over currency reaffirmed
China
China to restrict college enrollments
WB Revises up China's GDP Growth Forecast to 9.5%
U.S. government says China not currency manipulator

The U.S. Treasury Department said on Wednesday that China was not a currency manipulator but pledged to "actively and frankly" push China toward faster exchange-rate flexibility.

In a delayed report to the U.S. Congress on its trade partners' currency practices, the department announced it would not brand China as a country that was manipulating its currency to gain unfair trade advantages.

The U.S. government is required to report every six months to the U.S. Congress and cite any countries that the United States believes are manipulating their currencies for trade purposes.

The current report was delayed from its deadline of April 15.

While the Bush administration has been pressuring China to allow its currency to rise in value against the U.S. dollar in the two years, the U.S. government has not designated China as a currency manipulator, a process that would trigger consultations between the two nations.

Editor: Yan

By: Source: China View website
Previous:  WB Revises up China's GDP Growth Forecast to 9.5%  Next:Latest homemade biped humanoid robot capable of drawing


Palm print wall for memory


Golden rest room to increase in value


[Group Photo]Guangzhou Baiyun Mountain


Las Vegas Sands Co. invests 2 bn USD in Hengqin Island


Camilla's daughter marries Calvin Klein ex-model
This site contains material from other media for content enrichment purpose only.
The Southcn.com website do not endorse such content and do not bear the joint responsibility of their copyright infringement.
The views expressed in written material posted to the bulletin boards of Southcn.com are those of the authors and/or publishers. The Southcn.com website does not endorse information products posted by organizations and individuals here. The originators of these information products are solely responsible for their content.
For copyright infringement issues, you shall contact Southcn.com within thirty (30) days. Email: falv@southcn.com
If you find any error in this page, please drag your mouse to mark the text with error, then press "CTRL" and "ENTER", to inform us. Thanks for your help!
Home  |  About Us  |   Contact Us  |  Site Map  |  Chinese
©2005 WWW.NEWSGD.COM. All rights reserved.registered number 020074 Terms of Use | Advertise | ICP Certificate No.B2-20050252
Guangdong Gov Link
Guangdong Gov Brief
State Structure
Guangdong in Brief
Laws & Regulations
Exchange Rate
Guangdong Guide
   
Museum Museum
University University
Eat Eat
Shopping Duting
Night Life Night Life
Weather Weather
Phone No. Phone Num
Consulate Consulate
Airport Airport
Travel Tips Tours Tips