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IMF repeats CNY substantially undervalued

By   || July 28, 2010 at 13:33 GMT
|| 1 comment || Add comment
  • New currency regime is appropriate
  • Currency account surplus will rise in next 5 years, not consistent with balanced economy
  • China disagrees with IMF view on current account trajectory (over 8% of GDP in 5 years)
  • Consumption growth needed to balance Chinese economy
  • Recent data suggest increase in consumption
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One Response to “IMF repeats CNY substantially undervalued”

  1. unknown on July 28th, 2010 13:46 GMT

    hi, any source about GBP ? i just back home but see gbp flying away … miss the gbp news action

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