Business / RMB rises against USD

Yuan's appreciation no great help for US economy

[2011-01-11 16:34]

The appreciation of the Chinese currency, the yuan, would not be a great help in reducing the US trade deficit and creating jobs, a Chinese economist said in New York Monday.

Experts justify gradual rise in the yuan

[2011-01-11 11:00]

Leading Chinese economists said that the yuan will continue to gradually appreciate in the years to come at a seminar on the Chinese economy held at the New York Stock Exchange on Monday.

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