Tag: Renminbi appreciation

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CDT Money: Uneasy Status Quo?

In a week dominated by the political drama surrounding the dismissal of embattled Chongqing party secretary Bo Xilai, speculation continued over possible monetary easing despite mixed messages from officials as they seek to stave off a hard landing for China’s economy. A week after Premier Wen Jiabao opened the National People’s Congress by lowering China’s 2012 GDP growth target,