G-7 Ministers Renew Pressure on China
From Associated Press via Forbes Finance ministers and central bank governors from the Group of Seven nations, meeting for the final time this year, singled out China in their closing statement as they...
View ArticleChina Yuan Up Late On 5th Straight Record-Low Fixing
After six continuous days of increases, the Chinese yuan has reached a new high of about 6.54 yuan to 1 dollar, closing the week off at a record high. From Wall Street Journal: China’s yuan rose to a...
View ArticleUS Says China Yuan Undervalued, But Not Manipulated
While the U.S. Treasury Department has ruled that the Chinese government is not manipulating its currency, it still maintains that China must allow its currency to appreciate more quickly. From...
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