The Political Conflict Behind the Revaluation of Chinese Yuan – The Epoch Times

yuan rate.jpg From The Epoch Times:

and the started to over the Chinese revaluation before China’s leader Hu Jintao visited the United States. After Hu’s visit, the Chinese communist regime soon announced that would be “accelerating the adjustment of the RMB exchange rate and speeding the appreciation of .”

It may seem strange that China and the United States are quarreling over the issue of the exchange rate, for people think this is an economic issue. But actually, it is a political issue. [Full Text]

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