US accuses China of currency manipulation

The World

The United States claims that China is deliberately keeping its currency between 25 and 40 percent undervalue, giving its manufactures an unfair advantage against imports and making Chinese exports even cheaper. As Treasury Secretary Timothy Geithner testifies before Congress at hearings designed to force China to revalue its currency, the BBC’s Mark Gregory gives us the latest from London.

Less than .05% of listeners will donate. Can we count on you?

Our coverage reaches millions each week, but only a small fraction of listeners contribute to sustain our program. We still need 224 more people to donate $100 or $10/monthly to unlock our $67,000 match. Will you help us get there today?