Japan Noda: U.S. shouldn’t punish China over yuan

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TOKYO, March 18 (BestGrowthStock) – Japan’s deputy finance minister
Yoshihiko Noda said on Thursday that China needs to understand
global calls for a more flexible yuan, but that Washington should
not resort to sanctions to make this happen.

“I don’t know if the United States will impose sanctions, but
I don’t think that would be the right way of dealing with it,”
Noda told a news conference.

“Basically, such an action is not desirable. But I want China
to understand there are expectations for a more flexible yuan,
not only from the United States,” he said.
Stock Market Report

(Reporting by Tetsushi Kajimoto)

Japan Noda: U.S. shouldn’t punish China over yuan