Q&A: How can China afford to keep its currency low?
Question by : How can China afford to keep its currency low? If the demand for currency is high, its value appreciates. Demand for Chinese currency is high because it's a net exporter. Yet how can they take the hit? Secondly ... Read More
Treasury gives China a pass on currency manipulation
Treasury gives China a pass on currency manipulation Latest report does not label China a "currency manipulator," and says reforms already underway will undercut the government's ability to closely manage the exchange rate Read more on Washington Post ... Read More
Eastday-US: China not currency manipulator
Eastday-US: China not currency manipulator WASHINGTON - Major trading partners of the United States, including China, did not manipulate their currencies to gain an unfair advantage in international trade in 2010, according to a report released by the US Treasury Department ... Read More
What is the chinese currency equivalent to american dollars?
Question by taiger.: What is the chinese currency equivalent to american dollars? I wanted to purchase something off of a chinese website and it says the item is 220.00 元. How much money is this in american dollars? Best answer: Answer by Maybe???The ... Read More
What alternative currency is more widely accepted in China?
Question by ethslan: What alternative currency is more widely accepted in China? Okay, I know that the Chinese currency is the RMB & the Yuan. But when travelling to China is US currency or the English Pound easily accepted. Between the ... Read More
G-20 refuses to back US push on China’s currency
G-20 refuses to back US push on China's currency SEOUL, South Korea (AP) – Leaders of 20 major economies on Friday refused to back a U.S. push to make China boost its currency's value, keeping alive a dispute that raises fears ... Read More
On Chinese Currency
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China warns US currency bill might harm trade ties, violates global trade rules
China warns US currency bill might harm trade ties, violates global trade rules BEIJING, China - Beijing warned Washington on Thursday that economic ties might be damaged after American lawmakers escalated the conflict over Read more on Canadian Business ... Read More
US pushes for Chinese currency changes
US pushes for Chinese currency changes U.S. Commerce Secretary Gary Locke is pushing for Chinese currency changes and a business environment that allows Americans to compete with Chinese companies and invest without hindrance. Read more on AP via Yahoo! Finance ... Read More
Chinese Currency
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Business : US wants more currency loosening from China
Business : US wants more currency loosening from China WASHINGTON - US Treasury Secretary Timothy Geithner praised Sunday China’s move to allow the yuan to float more freely, but again put pressure on Beijing to let its currency rise quicker and ... Read More
China, India, Malaysia, Thailand, Singapore: Asian Bonds, Currency Preview
China, India, Malaysia, Thailand, Singapore: Asian Bonds, Currency Preview The following events and economic reports may influence trading in Asia’s local bonds and currencies today. Bond yields and exchange rates are from the previous trading session unless stated otherwise. Read more on ... Read More
China’s Currency Move Unlikely To Lift Stocks
China's Currency Move Unlikely To Lift Stocks China's Currency Move Unlikely To Lift Stocks Read more on Fox News ... Read More
China must let currency strengthen more quickly—Brazil
China must let currency strengthen more quickly—Brazil TORONTO, Canada—Brazilian Finance Minister Guido Mantega on Saturday urged China to let the yuan appreciate more quickly in order to level the playing field for world trade. Read more on Philippine Daily Inquirer ... Read More
China’s currency pledge pre-empts G20
China's currency pledge pre-empts G20 China’s yuan hit a five-year high on Monday after Beijing made a pre-G20 vow to make the currency more flexible, but analysts said critics seeking a more dramatic rise risked disappointment. Read more on Brisbane Times ... Read More
Stocks fall after China currency enthusiasm fades
Stocks fall after China currency enthusiasm fades Stocks erased big gains Monday after investors lost some of their enthusiasm about China's decision to let its currency appreciate against the dollar. The Dow Jones industrial average fell about 8 points after climbing ... Read More
China hints at stronger currency
China hints at stronger currency China indicates it will allow the yuan to rise, after Western criticism it is being kept artificially low, but releases no details. Read more on BBC News ... Read More
US nears decision on China currency probe-official
US nears decision on China currency probe-official WASHINGTON, April 19 (Reuters) - The U.S. Commerce Department could decide this week whether to investigate if China is subsidizing exports of an aluminum product by undervaluing its currency, a government official said on ... Read More
U.S. won’t scold China on currency
U.S. won't scold China on currency The Obama administration on Saturday skirted a confrontation with China over its currency, saying it will postpone a required report on exchange rates in favor of broader discussions about how best to secure a global ... Read More
What are the implications of China devaluing its currency?
Why is America getting so upset about the possibility of China devaluing its currency? Is it really that bad? Surely it will help countries that import goods from China? ... Read More
China defends currency after Obama criticism
China Angang nearing merger deal with Pangang -paper SHANGHAI, Feb 4 (Reuters) - China's Anshan Iron and Steel Group has finalised the details of a merger with the mid-sized steel maker Pangang Group, the China Business News said on Thursday, quoting ... Read More






















