U.S. tensions rise over China's currency policy

A Chinese bank worker checks a $100 bill together with stacks of 100 yuan notes at a bank in Hefei, east China. Since China adopted a "managed float" of the renminbi (RMB) in 2005, the RMB has appreciated in real terms by over 20 per cent against the U.S. dollar. Still, politicians and economists in ...

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