sexta-feira, 24 de fevereiro de 2017

China says it has no intention of devaluing yuan to favor exports

(FILE) A teller counts US and Chinese currency at a branch of Huaxia Bank in Shenyang, northeast China, 14 January 2011. EPA/MARK
China said Friday it has no intention of devaluing its currency to boost exports, and expressed readiness to coordinate its economic and trade policies with the United States.

US President Donald Trump has repeatedly accused China of manipulating the value of yuan and keeping it artificially low as a means of favoring exports, although Treasury Secretary Steve Mnuchin was more cautious about such claims.

Source: EFE

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