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Wednesday, March 17, 2010

China rejects siren song on yuan

SINOGRAPH
China rejects siren
song on yuan
As China sees weakness in America's response to the global economic crisis, Beijing is in no mood to concede to US demands for a revaluation of the yuan. With the US yet to get its house in order, significant appreciation is unlikely and, besides, it would have a destabilizing effect not just on China but throughout the world. - Francesco Sisci (Mar 17, '10)

http://www.atimes.com/atimes/China/LC18Ad01.html

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