January 13, 2020 / 4:58 PM / 13 days ago

U.S. to withdraw designation of China as currency manipulator: source

FILE PHOTO: Chinese and U.S. flags are set up for a meeting during a visit by U.S. Secretary of Transportation Elaine Chao at China's Ministry of Transport in Beijing, China April 27, 2018. REUTERS/Jason Lee/File Photo

WASHINGTON (Reuters) - The United States plans to lift its designation of China as a currency manipulator on Monday, a person familiar with the decision said, as a high-level Chinese delegation arrives in Washington to sign a trade pact this week.

Reporting by Alexandra Alper; Writing by Doina Chiacu; Editing by Lisa Lambert

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