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There's a new way to measure China's rising clout: A sudden reluctance to criticize its currency policy.
The International Monetary Fund's board of directors Wednesday released a report on China's economy notable for its lack of decisive criticism.
Rather than make accusations of currency manipulation, the report allowed a split opinion.
It noted that “some directors” are of the view that China's currency, the yuan, is “substantially undervalued” while “a number of other …
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