Yellen Plans to Spare China From Currency Manipulator Label

The video discusses the stability of the Chinese currency and the U.S. Treasury's stance on designating China as a currency manipulator. It reviews historical decisions during the global financial crisis and under President Trump, highlighting the political nature of such designations. The current assessment focuses on potential disguised interventions by state-owned banks in China. Future policy changes may tighten the criteria for currency manipulation designation.

What factors are being considered by the Treasury Department in their assessment of China's currency practices?

What potential changes to the Treasury's currency policy are being discussed for the future?