Ambassador Locke Says Yuan Has Gained `Significantly'

Feb. 6 (Bloomberg) -- U.S. Ambassador to China Gary Locke talks about the Asian nation's currency...  More »

Feb. 6 (Bloomberg) -- U.S. Ambassador to China Gary Locke talks about the Asian nation's currency policy. The value of the yuan has been a sore spot in ties between the world’s two biggest economies for years. While members of the U.S. Congress have accused China of deliberately suppressing the yuan’s value at a cost to American jobs, President Barack Obama’s administration in November declined to label the country a currency manipulator. Locke also discussed China's air pollution with Bloomberg Television's Susan Li in Hong Kong yesterday. (Source: Bloomberg)  « Less