BBC: Yuan confusion rattles investors

 41134497 Yua Body From BBC NEWS:

The US would like China’s currency to reflect its economic strength

Conflicting statements about policy over China’s currency, the yuan, have thrown investors into confusion.

The People’s Daily newspaper, the mouthpiece of the state, said markets would revalue the yuan next week – but China’s central bank denied the report.

May 11, 2005 5:57 PM
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