Reported 11 months ago
The US Treasury Department recently released a report on the economic and foreign exchange policies of major trading partners, listing seven countries or regions, including Taiwan, on the observation list for currency manipulation. Taiwan, for the fourth consecutive time, met two out of three monitoring criteria, remaining on the watchlist mainly due to structural economic issues. Japan was added to the list while countries like China, Germany, Malaysia, Singapore, and Vietnam remained. The report also highlighted concerns about China's lack of transparency in currency manipulation and singled out Japan for its recent currency intervention strategies, emphasizing the need for open dialogue and proper negotiation in such actions.
Source: YAHOO