Mnuchin: China-US trade war is not threat to global economy

Source: Dukascopy Bank SA
On Saturday, the US Treasury Secretary Steven Mnuchin claimed that a trade dispute between China and the US is not a threat to the growth of the global economy and pushing China to open would be beneficial for everyone. 
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Sat, 13 Oct 2018 06:01:19 GMT

Yuan depreciation contradicts country's interest

The US Treasury Secretary Steven Mnuchin stated on Saturday that several Chinese officials said him this week that continuation of yuan depreciation did not correspond with the country's interests.

Sat, 13 Oct 2018 05:14:24 GMT

Central Bank of China: market should play the major role in yuan's rate

On Saturday, the governor of the Central Bank of China Yi Gang claimed that the government of China would continue to let the market play the major role in establishing Yuan's currency exchange rate.

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