US Treasury fails to brand China a currency manipulator

In its first report on FX policies since Donald Trump took office, US Treasury issues China with a warning only, despite the president's campaign promise

us treasury
Fine detail: “Treasury will be scrutinising China’s trade and currency practices very closely" - Department of the Treasury

The US Department of the Treasury has warned China it is determined to watch it closely for any unfair currency practices that create a burden for US workers and companies, but it fell short of