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via piie.comEconomy

China's undervalued currency is driving its trade surplus higher

FROM THE WIRE · PIIE.COM

As Europe prepares to discuss exchange rates with China (while the United States is curiously silent), Chinese officials publicly downplay any connection between China's currency and its trade surplus.

Read at the source ↗
MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralThe currency and trade surplus debate between Europe, China and the United States can affect trade-policy expectations.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Europe is preparing to discuss exchange rates with China.
  2. 02The United States is reported to be silent on the issue.
  3. 03Chinese officials publicly downplay any link between the currency and the trade surplus.

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