Friday, May 3, 2013

Yuan Surge Shows China Isn't Worried About Economy

Yuan Surge Shows China Isn't Worried About Economy: ""The authorities haven't acted yet which shows that there is not an extreme concern that the appreciation of the renminbi will have a strong impact on the economy. We are not at the stage of intervention yet," said Alistair Thornton, chief economist at consulting firm IHS Global Insight."

'via Blog this'

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