Subject: txt china trade -
President Barack Obama 'urged' China to move toward a ''more market-oriented exchange rate'' and President Hu Jintao told him the country wouldn’t yield to ''external pressure'' in deciding when to adjust the yuan. Any currency revaluation by China must be ''based on its own economic and social-development needs,'' China’s official Xinhua news agency cited Hu as saying.
[I.e., the economic war continues unanswered by the U.S.]
READ MORE
No comments:
Post a Comment