Monday, March 22, 2010

PBoC Governor Says Yuan Issue ' Very Complicated'

In this article, you will find some comments from the People's Bank of China and the yuan issue at hand. This article also draws several parallels from the recent class. The PBoC Governor calls for "sound economic analysis" before there are policy changes between the US and China. The US has until April 15 to "label" that China is a currency manipulator and poses a threat to other world currencies. From the comments by other finance ministers, this seems like more of an issue to us Americans than to other countries.

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