The U.S. Tsy removed China's "currency........>

FOREX: The U.S. Tsy removed China's "currency manipulator title" in its latest

semi-annual FX report, noting that China has made enforceable commitments to

refrain from competitive devaluation & not target its exchange rate for

competitive purposes. China has also agreed to publish relevant information

related to exchange rates & external balances. China was placed on the Tsy's

Monitoring List. Other countries on the Monitoring List: Japan, Korea, Germany,

Italy, Ireland, Singapore, Malaysia, Vietnam & Switzerland (Switzerland returned

to the list after being removed in 2018).

- Tsy "continues to track carefully the foreign exchange & macroeconomic

policies of U.S. trading partners under the requirements of both the 1988 & 2015

Acts, including several that are not on the Monitoring List but are close to

triggering key thresholds (e.g., Taiwan, Thailand). For example, Taiwan is the

only major economy in Asia that does not publish data on the full details of its

international reserves consistent with IMF standards. Tsy continues to stress

the importance of all economies publishing data related to external balances,

foreign exchange reserves, and intervention in a timely & transparent fashion."