Is China Serious About Revaluing Its Currency?
By Heather Horn Reports on U.S.-China talks are interpreting Chinese President Hu Jintao’s statements as a positive sign of the country’s willingness to revalue the yuan. While he made no firm commitments, Hu stated that China would move “steadily” toward…
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.
By Heather Horn
Reports on U.S.-China talks are interpreting Chinese President Hu Jintao’s statements as a positive sign of the country’s willingness to revalue the yuan. While he made no firm commitments, Hu stated that China would move “steadily” toward exchange-rate reform. If China did move in this direction, that would be big news: this was one of the two key talking points for Secretary of State Hillary Clinton on her trip (the other being North Korea).
Contact [email protected] for any questions or corrections.


