Yellen Plans to Spare China From Currency Manipulator Label
- Treasury’s semiannual foreign-exchange report is due Thursday
- Yellen weighs reversing Mnuchin’s expansion of criteria
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Treasury Secretary Janet Yellen will decline to name China as a currency manipulator in her first semiannual foreign-exchange report, according to people familiar with the matter, a move that allows the U.S. to sidestep a fresh clash with Beijing.