Spotlight on currencies

As G20 heads tackle currency values, their decisions will be felt most on the frontlines of international business.

China Market, China is artificially undervaluing its currency

The currency spat between the US and China is expected to be a major issue at the G20 summit, which kicks off in Seoul on Thursday.

The US says China is artificially undervaluing its currency, the yuan, to boost exports. But China’s export-zone traders believe the accusation is unfair. Al Jazeera’s Harry Fawcett reports from Zhejiang, the site of one of China’s biggest trade fairs, on the controversy.

Source: Al Jazeera