China welcomes currency decision ahead of trade deal with US

China welcomes currency decision ahead of trade deal with US

a week ago
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https://apnews.com/f823b4c08b1390ce270c7e8489c4d59d

BEIJING (AP) — China on Tuesday welcomed a U.S. decision ahead of the signing of a trade deal with Beijing to drop it from a list of governments accused of manipulating the value of their currencies to gain an unfair advantage in trade.

Just two days ahead of the planned signing of the interim agreement meant to help resolve a tariff war over Chinese technology and trade, Treasury Secretary Steven Mnuchin said Beijing had made “enforceable commitments to refrain from competitive devaluation.”