China says U.S. currency manipulator labeling could cause chaos in financial markets

August 06, 2019

Editors note: The Chinese way. Concealing actions and intentions. “China ‘has not used and will not use the exchange rate as a tool to deal with trade disputes,’ the PBOC said in a statement on its website.”

BEIJING/SHANGHAI (Reuters) - China’s central bank said on Tuesday that Washington’s decision to label Beijing as a currency manipulator would “severely damage international financial order and cause chaos in financial markets”.

[Yawen Chen, David Stanway | August 5, 2019 | Reuters]


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