13-10-2018 06:36 via uk.news.yahoo.com

China views yuan depreciation not in its interest - Mnuchin

U.S. Treasury Secretary Steven Mnuchin on Saturday said Chinese officials told him this week that a further depreciation of China's yuan currency was not in the country's interest.Mnuchin also told a news conference he was "not losing any sleep" over the prospect that China could sell U.S. Treasury debt amid rising trade tension between the world's two largest economies."We had productive conversations, and they emphasised to me that it is not in their interest to see the RMB to continue to depr
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