US declines to cite China as currency manipulator

Dec 19, 2007 | 12:22 PM | Rory Carroll

Despite evidence to the contrary, China is still not guilty of "manipulating" its currency, the Treasury Department said in its belated report to Congress.

The finding drew sharp criticism from legislators who support imposing tariffs on Chinese goods to compensate for the trade imbalance caused by the Communist nation's pegged currency.....

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