IN BRIEF (Page 14)
China Daily | Updated: 2010-03-18 07:52
UN body against change in yuan
A UN agency urged China to reject Western pressure to float its currency, defending Beijing as a leader in stimulating domestic demand and the global economy.
In a policy brief, the UN Conference on Trade and Development (UNCTAD) said market forces have caused "currency chaos" in the world and that international control of exchange rates would be better.
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