U.S. drops currency manipulation charge against China

China Central Television | Jan 14, 2020 at 9:37 AM
  • The United States has dropped its designation of China as a currency manipulator.
  • Amid heightened trade tensions, the U.S. Treasury Department decided to label China a currency manipulator in August, drawing strong criticism from domestic and abroad.
  • In the newly released report, the Treasury Department added Switzerland on its “monitoring list,” which means its foreign exchange policies merit close attention.