Tuesday - November 10, 2026
China's undervalued currency is driving its trade surplus higher
November 09, 2026
WASHINGTON, Nov. 9 [Category: Economics] -- The Peterson Institute for International Economics issued the following commentary:

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China's undervalued currency is driving its trade surplus higher

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As Europe prepares to discuss exchange rates with China (while the United States is curiously silent), Chinese officials publicly downplay any connection between China's currency and its trade surplus. This is a repeat of Chinese argumen . . .

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