US says China not currency manipulator; chides Japan
The US Treasury again shied away from labeling China a currency manipulator on Tuesday, but it rapped the country for not moving quickly enough on exchange rate reforms.
The United States also chided Japan for stepping into the currency market to stem the yen's rise, and urged South Korea to use such interventions sparingly.
Suck up to enemies, offend friends---what can go wrong?
Posted by: g(r)omgoru 2011-12-28 |