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China Central Bank in need of a cash infusion, RMB to depreciate?

http://www.thechinaperspective.com –

The central bank has been the main advocate within China for a stronger yuan. But it now finds itself increasingly beholden to the finance ministry, which has tended to oppose a stronger yuan. As the yuan slips in value, China’s exports gain an edge over the goods of other countries.

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Hao'd by nstanosheck 17 weeks 5 days ago- – Made popular 17 weeks 4 days ago
Category: China Business   Tags:

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