Global Economy, Chinese Currency | featured news

Senate unlikely to follow House on yuan

The Senate is unlikely to take up pending China currency legislation following a weekend promise by the Group of 20 economic powers to shun currency devaluations for trade advantage, analysts said on Sunday.

 

Obama Urges G20 Nations to Maintain Stimulus

Obama Urges G20 Nations to Maintain Stimulus

A letter in advance of a G-20 meeting warned of economic relapse if stimulus programs are withdrawn, and hinted that China’s currency remains too weak.

 

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