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US-China relations: Treasury Secretary Janet Yellen plans to spare China from currency manipulator label


US-China relations: Treasury Secretary Janet Yellen plans to spare China from currency manipulator label
US Treasury Secretary Janet Yellen will opt to not name China as a currency manipulator in her first semi-annual foreign exchange report, according to people familiar with the matter
The US designated China as a currency manipulator in mid-2019 only to lift the label five months later as part of the phase one trade deal discussions ....

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China GDP: 'new uncertainties' ahead for economy, Premier Li Keqiang warns, even with double-digit growth expected


China GDP: ‘new uncertainties’ ahead for economy, Premier Li Keqiang warns, even with double-digit growth expected
China is set to release its first quarter gross domestic product (GDP) figure on Friday, with a double-digit growth figure expected after the economy record shrank by a record 6.8 per cent in the first three months of 2020
But Premier Li Keqiang told a forum of economists and entrepreneurs on Friday that ‘the current complex and severe international environment has added new uncertainties’ to China’s economic recovery ....

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