After a two-year hiatus, renminbi politics is back. On April 15, the US Treasury Department will release its semi-annual report on international currency regimes, and Congressional pressure is mounting for the Treasury to label China a “currency manipulator” – a term one former Treasury official calls “the Scarlet M”.
经过两年的沉寂,人民币政治又卷土重来。4月15日,美国财政部(Treasury Department)将发布其半年一次的国际汇率机制报告;而来自国会、要求财政部将manbetx3.0 列为“汇率操纵国”的压力正不断加大——一位前财政部官员将这个说法称作是“M打头的红字(the Scarlet M)”。
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