proposals to restrict the discretion of the Treasury Department in determining currency manipulation and to reform the … to determine currency manipulation and writing them into law, (2) explicitly harnessing US decisions on manipulation to … restrict the discretion of the Treasury Department in determining currency manipulation and to reform the department …

, this paper investigates the consequences that “currency manipulation” bashing may have on the rate at which the RMB … appreciates against the U.S. dollar. The results for a VAR model indicate that an increase in the incidence of “currency … manipulation” bashing appears to temporarily slow down, rather than accelerate, the rate at which the renminbi appreciates against …