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Archive for June 2010

China to let yuan rise, all the world’s economic problems solved

Or so you might think, based on what China’s critics have been claiming up until China’s latest announcement. For nearly the past two years, China peg its currency, the yuan (also called the renminbi), to the US dollar. On Saturday the Chinese central bank revealed that it would end this policy. Prior to this move, […]

June 2010
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