Value of Yuan on agenda ahead of Chinas state visit

6th January 2011, Comments 0 comments

The appreciation of China’s currency against the US dollar will not affect current trade imbalances much, China’s Vice-Minister for Trade Jiang Yaoping said in remarks in Beijing 5 January. The Yuan’s current perceived weakness is cited by many in Washington as the cause of the whopping US trade deficit with China, estimated to be 190 ...

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