Do not politicize renminbi float issue, China tells US
By Xin Zhiming | China Daily | Updated: 2010-06-15 07:28
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One hundred yuan notes are collected in bundles at a Bank of China branch in Beijing. The yuan appreciation will not solve the problem of US trade deficit, nor can it help improve employment or raise the low savings rate of the US citizens, said foreign ministry spokesman Qin Gang. Nelson Ching / Bloomberg News |
Foreign ministry says currency not to blame for American trade deficit
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