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China Accuses U.S. of ‘Protectionism’ After Being Branded Currency Manipulator

2019年08月06日 20:05 来源于 财新网
Central bank says designation cannot be justified by the Treasury Department’s own standards
The headquarters of the People's Bank of China in Beijing. Photo: IC Photo

* The People’s Bank of China said that the U.S. designation of China as a currency manipulator cannot be justified by its own standards and is an act of “protectionism”

* Analysts said it was unusual to brand China a currency manipulator because the country met only one of the three criteria for the label set by the U.S. Treasury Department.

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