Dr. Frank-Jurgen Richter, Chairman of Horasis, a Switzerland-based thinktank, says that China is not a market manipulator during an interview with Xinhua at the ongoing Boao Forum for Asia annual conference.
FRANK-JURGEN RICHTER, Chairman of Horasis:
“Some European countries, especially the U.S., are facing presidental elections every soon. The whole kind of China bashing might have to come up again. I don’t think China is manipulating the market. China is definately not the currency manipulator and is definitely not supply-side manipulator.”