-16.5 C
Ottawa
Friday, January 30, 2026

US Urges Beijing to Stop Holding Down a Substantially Undervalued Yuan

Date:

Treasury says the yuan is ‘substantially undervalued’ and warns limited transparency won’t avert a future designation if Beijing resists appreciation.This photo illustration shows Chinese 100 yuan notes and US$100 notes, in Beijing on April 8, 2025. Jade Gao/AFP via Getty Images1/30/2026|Updated: 1/30/2026The U.S. Treasury is pressing China to allow the yuan to strengthen, arguing the currency is “substantially undervalued” and should move higher in line with market pressure and economic fundamentals.The call came in Treasury’s semiannual report to Congress on exchange-rate policies, which covers the four quarters through June 2025.Sean Tseng is a Canada-based writer for The Epoch Times focusing on Asia-Pacific news, Chinese business and economy, and U.S.–China relations. Author’s Selected Articles

spot_imgspot_imgspot_img

Share post:

More like this
Related

Carney Praises Trumps Pick to Lead Federal Reserve: Fantastic Choice

Kevin Warsh, left, then serving on the Board of...

Dutch Watchdog Opens Probe Into Roblox Over Child Safety Risks

The regulator is to examine whether gaming platform meets...

Trump Says Starmers Trade Deals With China Are Very Dangerous for Britain

British Prime Minister Sir Keir Starmer speaks at the...

US Eases Some Venezuela Oil Sanctions

The refinery El Palito in Puerto Cabello, Carabobo state,...