China’s Currency Takes a Twist Ahead of Trump-Xi Meeting

WALL STREET JOURNAL ASIA | on Tue, Apr 4, 12:18 AM

As China’s leader prepares to head to the U.S. this week, there’s a new twist in the persistent argument that China is keeping its currency artificially low against the dollar. The yuan has recently been rising. The gains have been small—the yuan is up 1% against the dollar so far this year—but began shortly before Donald Trump was inaugurated as president. The rise could complicate a central criticism that Mr. Trump has leveled...

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