Article about China Revaluation
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Article about China Revaluation
Shilo Fri Feb 05, 2010 12:24 pm
February 5, 2010 · Posted in NEWS
In late January, Jim O’Neill, the chief economist at Goldman Sachs, told Bloomberg News that he expected the Chinese government to make a one-off revaluation of the renminbi, letting it appreciate by at least five percent before the end of 2010.
He said the revaluation would happen suddenly, without any warning from Chinese leaders.
http://www.nytimes.com/2010/02/05/world/asia/05diplo.html
In late January, Jim O’Neill, the chief economist at Goldman Sachs, told Bloomberg News that he expected the Chinese government to make a one-off revaluation of the renminbi, letting it appreciate by at least five percent before the end of 2010.
He said the revaluation would happen suddenly, without any warning from Chinese leaders.
http://www.nytimes.com/2010/02/05/world/asia/05diplo.html
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