Below is an instruction that describes a task. Write a response that appropriately completes the request.

### Instruction:
identify whether following news is true or not

Input:
China's future actions could warrant forex manipulator label: Treasury nominee;WASHINGTON (Reuters) - The U.S. Treasury would recommend China be considered a currency manipulator if Beijing began unfairly managing the yuan’s value, President-elect Donald Trump’s nominee to run the Treasury department, Steven Mnuchin, said on Thursday. Asked in a U.S. Senate hearing if he would recommend Trump formally designate China a currency manipulator if it started manipulating its currency again, Mnuchin said: “I would.” ;January 19, 2017

### Response:
True news

### End