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WASHINGTON Cheap Baltimore Ravens Hoodies , April 17 (Xinhua) -- The White House on Monday reiterated that China has not manipulated its currency since U.S. President Donald Trump took office in January.


"They haven't been manipulating their currency since he's (Trump) been in office. That's a fact," White House press secretary Sean Spicer told a regular press briefing, in response to a question about U.S. Treasury Department's decision not to label China as a currency manipulator last week.


"I think that the president's tweet said clearly to do so at this time would not be prudent," the White House spokesperson said Customized Baltimore Ravens Jersey , adding that labeling China as a currency manipulator now would not be very productive in addressing the Korean Peninsula situation.


U.S. Treasury Department on Friday declared that no major trading partners of the United States, including China, met the standard of manipulating its currency.


In an interview with Wall Street Journal last week, Trump also said China hasn't been manipulating its currency for months Cheap Baltimore Ravens Jerseys , a sharp reversal from his campaign rhetoric.


Many economists have argued that the Chinese currency, RMB, has been at equilibrium level in recent years. Brad Setser, an expert with Council on Foreign Relations Carl Davis Jersey , expected that the RMB exchange rate would remain stable at current level with China's current account surplus and its efforts to deal with capital outflows.


China, Vietnam to hold joint fishery inspection


China's first cargo spacecraft Tianzhou-1 to be launched


5 killed, 4 injured in airplane crash in Portugal


Official campaign for presidential election kicks off in South Korea


In pics: scenery of Baiyangdian in Xiongan New Area


In pics: tea garden in central China's Henan


Peach blossoms on terrace fields in Guyuan, NW China's Ningxia


Stewardesses for high-speed train take part in training program in Harbin


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