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

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

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Interactive Video

Business

University

Hard

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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.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What does the report suggest China should do regarding foreign exchange intervention?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What overall economic trends were noted in the Treasury report regarding the US dollar?

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