Member Center

National News

Obama Administration Delays China Currency Report

Posted: Oct 12, 2012 4:40 PM by Associated Press

WASHINGTON (AP) - The Obama administration is delaying a decision that had been due Monday on whether China is manipulating its currency to gain trade advantages.

The Treasury Department says the decision will now come after global finance officials meet in early November.

The delay means the decision will not likely come until after the Nov. 6 presidential election. GOP challenger Mitt Romney has attacked the administration for not targeting China for unfair trade practices.

Treasury says that the currency report due Oct. 15 will be issued after the Nov. 4-5 meetings of finance ministers and central bank presidents. It said the delay would allow the administration to "assess progress" following the discussions in Mexico City of officials of the Group of 20 nations, which includes China.

Comments

Submit News

Do you have a tip, information about a breaking news story, or a story idea for 6 Investigates? Contact the KRIS 6 News Desk at 361-884-6666 or send us an email.

KRISTV.COM is Social!

Click the icons above to receive News, Weather, and Sports alerts from KRISTV.COM!

Inside KRISTV.COM

	Photo Central Look at photos and videos and share them!
	Desktop Weather Current forecast, hurricane info, and much more!
	KRISTV.COM Mobile Website Get KRISTV.com on your mobile or PDA!
	KRISTV.COM Mobile Apps Get our mobile apps on your mobile or PDA!
	Texas Lottery See the latest winning numbers!
	6 News Team Read about your favorite KRIS-TV personalities!
	FCC Online Public File FCC Public File of Records, Reports, and more