China rejects G20 trade-imbalance claims, says no need to devalue yuan
China has fired back at critics of its trade imbalances at a Group of 20 gathering, with the central bank firmly denying
that Beijing deliberately pursues trade surpluses, while also vowing that it would not weaponise the yuan to boost exports. In the face of concerns over export reliance, People’s Bank of China govern...
via South China Morning Post
China has fired back at critics of its trade imbalances at a Group of 20 gathering, with the central bank firmly denying
that Beijing deliberately pursues trade surpluses, while also vowing that it would not weaponise the yuan to boost exports. In the face of concerns over export reliance, People’s Bank of China govern...
via South China Morning Post
