NPR Story
2:42 am
Thu April 19, 2012

Geithner: China's Yuan Changes Are Very Promising

Originally published on Thu April 19, 2012 3:08 am

U.S. companies and the U.S. government have long complained that China purposely undervalues its currency to maximize its exports. But on Wednesday, Treasury Secretary Timothy Geithner offered some praise to China for making its currency more responsive to market forces.