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Difficult year ahead for China admits Premier Wen Jiabao

By   || March 14, 2010 at 11:07 GMT
|| 5 comments || Add comment

China faces a difficult year as it works to maintain economic growth and spur development, but it would not be bullied into boosting value of its currency says Premier Wen Jiabao.

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5 Responses to “Difficult year ahead for China admits Premier Wen Jiabao”

  1. Solange on March 14th, 2010 14:30 GMT

    Same old, same old …witness the following article written almost exactly 1 year ago by Brookings: http://www.brookings.edu/opinions/2009/04_china_yep.aspx

  2. DC on March 14th, 2010 19:46 GMT

    audusd and audjpy are both well up and look very strong in early interbank. others are up also but not as much as the aud pairs. wonder why aud is looking so strong suddenly.

  3. Michael Miller on March 14th, 2010 19:59 GMT

    Not sure. You just beat me, to the same question. I haven’t been able to find anything, that would suggest a gap higher. Oh, well. No complaints!

  4. DC on March 14th, 2010 20:08 GMT

    definitely no complains, i already jumped out of the short i was stuck in. took 14 pip loss, fine by me, ill gain more than that shorting this for the gap close.

  5. fun9 on March 14th, 2010 21:25 GMT

    Wen Rebuffing Yuan Calls Risks Retaliation From U.S. Congress

    http://www.bloomberg.com/apps/news?pid=20601087&sid=aUXZHvMSSoWA&pos=1

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