BEIJING, April 16 China said on Wednesday that
it will push forward with reform of its renminbi exchange rate
mechanism after the United States criticised Beijing for keeping
its currency weak.
China hopes the United States can see this clearly and
"properly handle the relevant issues", China's Foreign Ministry
spokeswoman, Hua Chunying, said at a daily news briefing.
The Obama administration on Tuesday stopped short of
declaring China a currency manipulator, but expressed doubt over
the resolve of the world's second-largest economy to let market
forces guide the value of the yuan.
(Reporting by Megha Rajagopalan, Writing by Sui-Lee Wee)