Archive for 'Government'

Jan200927

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IMF chief turns up heat on China over yuan

The head of the International Monetary Fund turned up the heat on China over its exchange rate policies yesterday, arguing that it was clear that the Chinese yuan was “significantly undervalued”.
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Jan200927

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US to decide if China is currency manipulator in spring

President Barack Obama’s new administration said it will determine in the coming months whether China is manipulating its currency, setting the stage for a new burst of trade friction.
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