U.S. Says China Shows ÷Willingness to Let Yuan Rise

The video discusses the US Treasury's report on foreign exchange rates, highlighting the renminbi's undervaluation and China's currency policy. It notes the yuan's appreciation trend against the dollar and the Treasury's concerns about potential intervention. The report suggests China should reduce foreign exchange intervention and allow market forces to set the yuan's value. Additionally, the report covers the US dollar's stability, US GDP growth, and economic conditions in Japan, the euro area, and South Korea.

What was the U.S. Treasury's view on the renminbi in its report?

• It is fairly valued.

• It is not mentioned in the report.

• It is significantly undervalued.

• It is overvalued.

What change did China show regarding the yuan according to the Treasury report?

• A decision to fix its value.

• No change in policy.

• A willingness to let it appreciate.

• A willingness to let it depreciate.

What does the Treasury suggest about China's currency policy?

• It should be pegged to the euro.

• It should be controlled by the government.

• It should be more market-driven.

• It should remain unchanged.

Which country was labeled as a currency manipulator in the Treasury report?

• China

• Japan

• South Korea

• No country was labeled as a currency manipulator.

What does the Treasury report say about the U.S. GDP?

• It is weaker than the euro area.

• It is expected to outpace trade partners.

• It is stagnant.

• It is declining.