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China Reports March Trade Deficit on Surging Imports

posted by Avatar Centralian 777 days ago in USD, Fundamental, Trade made popular 777 days ago

Williams expects the yuan to resume its appreciation “in the next few weeks” after being held at about 6.83 per dollar since July 2008. U.S. Treasury Secretary Timothy F. Geithner’s unscheduled visit to Beijing last week fanned speculation that China may be ready to ditch a currency policy adopted to counter the global crisis.
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