From the Reuters:
The Group of Seven rich nations took aim at China on Saturday, urging Beijing to let its currency rise faster to ease imbalances in trade and capital flows that pose one of the biggest risks to global growth.
In a statement issued after an afternoon of talks, G7 finance ministers and central bank chiefs complained that large emerging economies were not pulling their weight in the collective management of the global economy.
But Beijing, blamed by critics for holding the yuan down to boost its exports, was the only country singled out by name. [Full Text]
See related articleÔºö”G-7 Chiefs Seek Greater Yuan Flexibility” by AP on Sept. 16th.
See also: ” China comes under G7 fire for holding down yuan ” by the Reuter on Sept. 15th.
See another one: ” China talks of eventual currency shift ahead of G7 ” by the Reuters on Sept. 15th.
Related Chinese artile: “Wen: China needs time, peace, friends” by China Daily on Sept. 6th.
