BEIJING China said on Friday it had no intention of using currency devaluation to its advantage in trade, responding to U.S. President Donald Trump's description of the Asian giant as the "grand champions" of currency manipulation. "China has no intention of seeking foreign trade advantages via an intentional devaluation of the renminbi. "If you must attach the label 'grand champion' to China, then I think China is a grand champion. Chinese Foreign Ministry spokesman Geng Shuang said he hoped the United States could "fully and correctly" view the exchange rate issue. But he did not act on a campaign promise to declare China a currency manipulator on his first day in office.
As it stated in China said on Friday it has no intention of using currency devaluation to its advantage in trade, responding to an assertion from U.S. President Donald Trump that China is the "grand champions" of currency manipulation. "China has no intention of seeking foreign trade advantages via an intentional devaluation of the renminbi. "If you must attach the label 'grand champion' to China, then I think China is a grand champion. Geng said there was no basis for the continued devaluation of the renminbi and he hoped "the relevant side can fully and correctly view the renminbi exchange rate issue". Chinese Foreign Ministry spokesman Geng Shuang said he hoped the United States could "fully and correctly" view the exchange rate issue.
As it stated in
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collected by :John Miller
As it stated in China said on Friday it has no intention of using currency devaluation to its advantage in trade, responding to an assertion from U.S. President Donald Trump that China is the "grand champions" of currency manipulation. "China has no intention of seeking foreign trade advantages via an intentional devaluation of the renminbi. "If you must attach the label 'grand champion' to China, then I think China is a grand champion. Geng said there was no basis for the continued devaluation of the renminbi and he hoped "the relevant side can fully and correctly view the renminbi exchange rate issue". Chinese Foreign Ministry spokesman Geng Shuang said he hoped the United States could "fully and correctly" view the exchange rate issue.
As it stated in
China says no intention of using currency devaluation to its advantage
BEIJING China said on Friday it had no intention of using currency devaluation to its advantage in trade, responding to U.S. President Donald Trump's description of the Asian giant as the "grand champions" of currency manipulation. "China has no intention of seeking foreign trade advantages via an intentional devaluation of the renminbi. "If you must attach the label 'grand champion' to China, then I think China is a grand champion. Chinese Foreign Ministry spokesman Geng Shuang said he hoped the United States could "fully and correctly" view the exchange rate issue. But he did not act on a campaign promise to declare China a currency manipulator on his first day in office.read more visit us currency
collected by :John Miller