China calls US remarks on monetary policy 'groundless' and 'irresponsible'

China maintains a consistent and clear stance on the RMB exchange rate, emphasizing that it does not engage in competitive devaluation to boost exports. The RMB is not used as a tool in trade or economic disputes. Claims suggesting otherwise are unfounded and irresponsible.

What is China's position on the RMB exchange rate?

• It is unclear and inconsistent.

• It is clear and consistent.

• It changes frequently.

• It is not publicly stated.

What does China not intend to use to stimulate exports?

• Increased tariffs

• Competitive currency devaluation

• Subsidies for local businesses

• Trade agreements

How does China view the use of RMB exchange rate in economic disputes?

• As a primary tool

• As a secondary option

• Not as a tool

• As a temporary measure

What is the nature of the speculations about China's currency policies?

• Widely accepted

• Unfounded and irresponsible

• Well-founded

• Based on evidence

What does China say about the speculations regarding its currency policies?

• They are accurate.

• They are responsible.

• They are baseless.

• They are supported by data.