Topic: Chinese Renminbi

China tells Washington to cool yuan pressure

China sends trade envoy to Washington, calls on US to cool 'emotionalization' on currencyChina is sending a Cabinet official to Washington in a bid to defuse trade tensions, the government said Friday, as it called on U.S. leaders to cool the "politicization and emotionalization" of a currency dispute. A ...
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China warns US not to politicise yuan debate

China on Friday urged the United States not to politicise a row over the value of its currency as it announced a top official would travel to Washington for talks on the issue and other trade disputes. As trade tensions between the two powers rise, Beijing warned of a negative ...
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U.S. political odd couple takes on China

WASHINGTON (Reuters) - An American political odd couple is leading a charge to crack down on what critics see as China's unfair trade practices. Opposites in politics and personal style, Republican Senator Lindsey Graham and Democratic Senator Charles Schumer share the view that China manipulates the value of its currency ...
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Current account deficit rises to $115.6B in 4Q

Current account trade deficit widens in 4Q but for year falls to the lowest level since 2001The current account trade deficit widened in the fourth quarter, reflecting an improving economy, but the imbalance for all of 2009 fell to the lowest point in eight years. Economists believe the deficit will ...
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