Topic: Currency Markets

China vows to hit back if targeted by U.S. on yuan

BEIJING (Reuters) - Beijing will retaliate if the United States declares China a currency manipulator and imposes trade sanctions, Commerce Minister Chen Deming said on Sunday, firing the latest salvo in a spat over the value of the yuan. Chen again accused Washington of politicizing the issue ahead of an April ...
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China warns US against yuan sanctions

China warned Sunday it may retaliate if the United States imposes trade sanctions and other penalties over its exchange rate policy, state media reported. "We will not turn a blind eye," People's Daily quoted Commerce Minister Chen Deming as saying in response to a US threat to impose sanctions ...
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US currency battle with China underscores global concerns

By pushing China hard to revalue its currency, the United States may also be doing a favor for export-driven Asian and European nations reeling from Beijing's exchange-rate policy. Many of these economies, like the United States, have long complained that a weak Chinese yuan currency has been giving China ...
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China warns US not to politicise yuan debate

China on Friday urged the United States not to politicise a row over the value of its currency as it announced a top official would travel to Washington for talks on the issue and other trade disputes. As trade tensions between the two powers rise, Beijing warned of a negative ...
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