Unlocking the Yuan

June 21, 2010

Reuters’s top news and innovation teams have put together a web site on the yuan and the debate over its revaluation. Particularly worth a look after the weekend’s statement by China that it would allow more flexibility in its currency exchange. You can access it here, but it looks like this:



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Posted by Unlocking the Yuan :NewsPress.me | Report as abusive

It is a shame that USA urges China to ravalue its currency because all the export products of China will become more expensive for the importing countries.

If the increase in price of the Chinese products does not mean much or anything to the Americans, it means a lot for the poor people in Africa, Asia and South America. For them, an increase of a few cent on the price of food might mean a difference between life and death.

Posted by Jeanmichel | Report as abusive

(Expletive deleted) american goverment, if renminbi revaluation become true,the rich be richer, the poor be poorer.we normal chinese will cost more money during our daily life.

Posted by qiuhengchi | Report as abusive