Tag Archive for Treasury Department

British govt eats humble pie over ‘Pasty tax’ – Full Story

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US says China not manipulating ‘undervalued’ yuan – Full Story

US says China not manipulating ‘undervalued’ yuan (via AFP) The United States said Friday that China’s tightly managed currency remains “significantly undervalued” but Beijing was not manipulating the yuan to gain an unfair trade advantage. The US Treasury Department said it had concluded that China had not met the standards for manipulation but that it…

U.S. lets China bypass Wall Street for Treasury orders | Reuters

(Reuters) – China can now bypass Wall Street when buying U.S. government debt and go straight to the U.S. Treasury, in what is the Treasury’s first-ever direct relationship with a foreign government, according to documents viewed by Reuters. The relationship means the People’s Bank of China buys U.S. debt using a different method than any…