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April 3, 2010

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White House Clarifies Yuan Stand

The White House said yesterday that no formal decision had been made to delay a report on whether to declare China a currency manipulator.

The New York Times reported that the Obama administration, seeking to ease relations with China, was deferring the decision until after a visit to Washington by President Hu Jintao for a nuclear conference scheduled to run between April 12 and 13.

White House Press Secretary Robert Gibbs said no such decision had been made.

 

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