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Commerce Secretary: Chinese yuan still undervalued despite decision to let currency appreciate

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Angsuman Chakraborty

Posts: 19816
Nickname: angsuman
Registered: Dec, 2003

Angsuman Chakraborty is the CEO and Chief Architect at Taragana
Commerce Secretary: Chinese yuan still undervalued despite decision to let currency appreciate Posted: Jun 23, 2010 11:17 PM
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This post originated from an RSS feed registered with Java Buzz by Angsuman Chakraborty.
Original Post: Commerce Secretary: Chinese yuan still undervalued despite decision to let currency appreciate
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Commerce Secretary: China currency undervalued WASHINGTON — Despite China's decision to let its currency appreciate against the dollar, the yuan is still undervalued, hurting American exports, Commerce Secretary Gary Locke said Wednesday. President Barack Obama will raise currency and other trade issues in talks with Chinese officials at a G-20 summit of wealthy and developing nations in .... Original article  : Commerce Secretary: Chinese yuan still undervalued despite decision to let currency appreciate.

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