China Rejects G20 Trade Imbalance Claims, Says No Need to Devalue Yuan The Group of 20's recent gathering in North Carolina has highlighted the complexities of global trade imbalances, with China at their center.
Beijing's rejection of G20 claims that it deliberately pursues trade surpluses is not surprising, but its response raises more questions than answers.
China's stance on devaluing the yuan to boost exports is also telling.