The US Treasury has again chosen not to label China a currency manipulator. With US economic prospects looking brighter, the immediate risk of a flare up in tensions over China’s trade and currency policy seems low. Nonetheless, China’s imbalances are growing again and countries such as Brazil are joining in the criticism of Chinese policy. A trade war remains a significant threat if global growth drops back in 2012, as we expect.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services