US to continue pressing China on currency policy: Lew

Published Wed, Jun 24, 2015 · 11:17 PM

[WASHINGTON] The United States will keep pressing China to move to a market-determined exchange rate even after Beijing committed to intervene in currency markets only when market conditions are disorderly, Treasury Secretary Jack Lew said on Wednesday.

Mr Lew added that the true test of China's commitment will come when its currency comes under pressure to appreciate.

REUTERS

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International

International

US to continue pressing China on currency policy: Lew

International

When US diplomats visit China, meal choices are about more than taste buds

China’s first-quarter industrial profits rise at slower pace

Laid-back vibe, stunning beaches, rich cuisine and low cost of living lure more expat retirees to Malaysia

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Central banks will probably only cut half as much as they hiked

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