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China official says Yuan to face new round of appreciation pressure

By   || January 5, 2010 at 04:01 GMT
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ReutersNews: A Chinese NDRC official has just come out saying that the Yuan is to face a new round of appreciation pressures, which may lead to hot money inflows. Such inflows would create difficulties for liquidity mangement. He goes on to say that China will encourage overseas investment to secure stable energy and resource supply.

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