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WASHINGTON (AP) — The International Monetary Fund sees little evidence that China's central bank has deliberately reduced the value of the nation's currency — a position at odds with the Trump administration's decision this week to accuse Beijing of manipulating the yuan. The IMF said Friday in its yearly review of China's economy that the yuan has been "broadly stable" against other currencies, suggesting there's been little intervention by the People's Bank of China. A weaker yuan would give Chinese exporters a competitive price adv...
WASHINGTON (AP) — President Donald Trump expressed confidence he can reach a deal to end a burgeoning trade war with China, saying he will meet his Chinese counterpart at the Group of 20 meetings in Argentina in about a month. "I think we'll make a deal with China, and I think it will be a very fair deal for everybody," Trump said Friday at the White House before leaving for political rallies in West Virginia and Indiana. Trump said he will have dinner with President Xi Jinping of China at the Nov. 30-Dec. 1 summit of industrial and emerging m...
