Straszheim Says Yuan Appreciation Likely to Be Erratic: Video

July 9 (Bloomberg) -- Donald Straszheim, senior managing director of China research at Internatio...  More »

July 9 (Bloomberg) -- Donald Straszheim, senior managing director of China research at International Strategy & Investment Group, talks with Bloomberg's Susan Li about China's currency policy. The U.S., stopping short of branding China a currency manipulator, said the yuan "remains undervalued" after the nation ended its peg to the dollar. China took a "significant step" last month when it began to allow markets to drive the currency higher, the Treasury Department said in a report to Congress released yesterday. (Source: Bloomberg)  « Less