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Archive for March 2010

To US critics of China’s currency: get your own house in order

Thumbnail : To US critics of China’s currency: get your own house in order

The noise coming from the US about China’s supposed “manipulation” of its currency, the yuan (also referred to as the renminbi), has become noticeably louder this past week. Since July 2008, China has pegged its currency at about 6.83 yuan to one dollar. American critics assert that China’s policy effectively keeps its currency artificially low, […]

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