Despite improvement Chinese currency still undervalued: Lew

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Senator Ohio Brown from Ohio in his remarks alleged that the Chinese currency manipulation is costing US jobs.  (Reuters) Senator Ohio Brown from Ohio in his remarks alleged that the Chinese currency manipulation is costing US jobs. (Reuters)
SummaryObama Administration would continue to push China in this regard.

China over and over again. We've done it in auto parts, we've done it in tires, we've done it in rare earth," he said.

"I think on the currency question, we work through the international bodies, the G-7, the G-20, to advance the view that it's not just the United States but the organised nations of the world that insist on having currency policies which are marked or determined. And in our bilateral relations, we push back very hard," Lew said.

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