EU reluctant to go beyond a muffled complaint

Article reports that a rising outcry in the US against China's alleged currency manipulation is being expressed in Europe more as a muffled complaint.

European officials endorse Washington's view that Beijing is acting to suppress the value of the renminbi to stoke exports. Yet they are reluctant to elevate the currency issue in any way to upset the broader relationship.

ESO: Background information: Rebuff for EU in push for strong renminbi http://www.europeansources.info/record/rebuff-for-eu-in-push-for-strong-renminbi/

ESO: Background information: EU trio to lobby for China currency action http://www.europeansources.info/record/eu-trio-to-lobby-for-china-currency-action/

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