• U.S. Treasury Secretary Jacob Lew: China should reduce a dependence on exports

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24 agosto 2015

U.S. Treasury Secretary Jacob Lew: China should reduce a dependence on exports

U.S. Treasury Secretary Jacob Lew said on Friday that China should reduce a dependence on exports and move the economy toward a dependence on consumption. Lew spoke with Chinese Vice Premier Wang Yang, pointing to the progress on China's commitments to "move towards a more flexible, market-determined exchange rate, limit foreign exchange intervention to disorderly market conditions, and increase the transparency of its exchange rate policies".

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