Central banks chairman praises Swiss export strategy

24th November 2010, Comments 0 comments

Philipp Hildebrand, chairman of the Swiss National Bank, says Swiss exporters are emerging from the global economic crisis in better shape than their European counterparts because of fundamental changes, such as an increased focus on Asia and high quality consumer goods. While Hildebrand lauds the performance, he warns that the high franc and the possibility of a downturn in markets such as China still present risks.

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