25.02.2010 - Stronger yuan seen in the cards this year
From Theglobeandmail.com: China is sending out signals that it will revalue its currency amid fears of brewing inflation, growing confidence in its economic prospects and intensifying pressure from the U.S. and other major trading partners. Many analysts say it is a matter of when, not if, China allows the yuan to appreciate. But they are divided on precisely when the Chinese will make their move, how substantial it will be and whether it will take the form of a one-shot hike or a series of small steps.........................................Full Article: Source
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