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China says it will move cautiously on currency

China says it will move cautiously on currency

China's central bank governor acknowledged Saturday that Beijing is using its controversial exchange-rate controls to cope with the global economic crisis and said it will be cautious about retreating from the policy....

 

On China, Obama says U.S. must address currency rates

President Barack Obama said on Wednesday it was important to address currency rates with trading partners such as China to ensure U.S. goods were not facing a disadvantage.

 

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