Stop Calling China a Currency Manipulator

Christine Lagarde’s people say China’s currency is no longer undervalued. Jacob Lew’s argue it still is. There’s a lot at stake in the debate: The yuan can’t gain status as a global currency reserve if China is thought to be manipulating its value. So who should we believe, the head […]

Bloomberg via CHINA US Focus http://ift.tt/1G8uDuZ