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Monday, September 27, 2010

The donkey in the China shop By Antal E Fekete

The donkey in the China shop
US President Barack Obama's delivery of a blackmail message to China's Prime Minister Wen Jiabao - revalue the yuan or else - was more than an arrogant threat of a trade war. His charge that the Chinese artificially hold their currency weak is a red herring, concocted purely for domestic political gain. - Antal E Fekete

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