Sharp revaluation of yuan would be 'lose-lose' situation
By Li Xiang | China Daily | Updated: 2010-03-22 08:07
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"I believe the currency adjustment that is being suggested by the West is the wrong way to go," Stephen Roach, chairman of Morgan Stanley Asia Ltd, said at a news conference in Beijing on March 19. Jonathan Fickies / Bloomberg |
Morgan Stanley Asia boss blasts columnist who argues RMB's value should rise
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