The Treasury Department designated China as a currency manipulator, after a depreciation of the yuan escalated the U.S.-China trade war
The Treasury Department said late Monday that China allowed the yuan to slip in value in as a means of gaining an unfair competitive advantage, and that Treasury Secretary Steven Mnuchin would seek corrective action from the International Monetary Fund.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
US Treasury designates China as a currency manipulatorChina added its currency to the weapons it is willing to use in the trade war, and now it's up to President Trump to make the next move.
Baca lebih lajut »
US stocks post worst day of the year after China devalues its currencyThe Dow dropped 767 points after China devalued its currency in an escalation of the trade war with the US. It fell as many as 961 points Monday.
Baca lebih lajut »
China Box Office: ‘Nezha’ Is 10th-Highest Grosser Ever in China After Two WeekendsChinese animation “Nezha” has proven itself China’s surprise hit of the summer, and is on track outstrip “Avengers: Endgame” to become China’s third highest-ever grossing film. It continued to smas…
Baca lebih lajut »
China just let its currency fall to an 11-year low — a sign Beijing is ready fight back in Trump's trade war'When it comes to managing China's increasingly state-led economy in tumultuous times, Mr Xi has far more levers to pull than Mr. Trump does in the US.'
Baca lebih lajut »
Oil prices could crash by $30 if China buys Iranian crude: BofAAmid trade war tension, Beijing could look to undermine Washington's foreign policy stance by ignoring U.S. sanctions placed on Iran.
Baca lebih lajut »