CHINA TOPIX

USA Puts China on Watchlist for Foreign Exchange Practices

Rina S.   |

Apr 30, 2016 05:15 PM EDT

The US Treasury Department has released its watchlist of countries which are to be monitored for their foreign exchange practices. The list includes China, Germany, Japan, South Korea and Taiwan. According to the modified semi-annual report released on Friday, the Treasury Department will observe these countries to determine whether their foreign exchange policies offer them undue trade advantage over the U.S.