US Treasury confident of China yuan moves

The Bush administration expects China will continue to move toward greater currency flexibility even though the steps taken so far have been small, a top Treasury Department official said.

Tim Adams, Treasury's undersecretary for international affairs, said China probably has done enough to avoid being branded a currency manipulator when Treasury issues its next review in October.

"I think you have to argue that the change in currency regime is a significant step and one of which is the beginni

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: