If you're waiting for China to revalue the yuan...

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...don't hold your breath.

From the article:

China is heading for a confrontation next week when finance ministers and central bankers of the Group of Seven industrialized nations press Chinese leaders to loosen the connection of about 8.3 yuan to the dollar.

Stay tuned.

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This page contains a single entry by William Polley published on January 29, 2005 9:12 PM.

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