✉news WorldEU Politics first seen 1 d ago, last 13 h ago, peak #3
China's central bank rejects currency manipulation claims as EU talks open
Original: China’s central bank slams currency manipulation claims as EU trade talks begin
The People's Bank of China has dismissed accusations that it manipulates its currency, pushing back publicly just as trade negotiations between Beijing and the European Union get underway. The central bank rejected the manipulation claims, defending the exchange rate as market-driven. The statement comes at a sensitive moment, with trade frictions and currency policy expected to feature prominently in the EU-China discussions.
Why now: The denial landed on the first day of EU-China trade talks, making currency policy a live point of tension.
People's Bank of ChinaChinaEuropean Union
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Evidence
- China’s central bank slams currency manipulation claims as EU trade talks begin · South China Morning Post
- China’s central bank slams currency manipulation claims as EU trade talks begin · South China Morning Post
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