✉news BusinessBanking first seen 1 d ago, last 7 h ago, peak #1
China defends yuan policy amid European trade pressure
Original: China defends yuan policy as Europe steps up pressure over trade surplus
China has defended its currency policy after European officials intensified criticism of China's large trade surplus with the EU. European leaders are pushing Beijing to address imbalances, including complaints that an undervalued yuan gives Chinese exporters an unfair advantage. Beijing rejected the accusations, arguing its exchange rate is managed appropriately, as trade tensions between the two economies continue to grow.
Why now: Rising EU-China trade friction over the surplus and currency valuation is drawing attention.
Rank over time, top of the chart is #1. 4 snapshots from 11 h ago to 7 h ago.
Evidence
API: https://socialmediatrends-api.osmike.com/v1/trends/1499475