Hu tells Obama: China to make its own call on yuan

China will chart its own course in reforming the yuan, President Hu Jintao told President Barack Obama, reinforcing the view that Beijing is likely to tip-toe, not leap, toward appreciation.

The two heads of state, meeting on Monday for the first time since Sino-U.S. tensions over the yuan threatened to escalate into a serious trade dispute, chose their words carefully and, in the view of investors, left the door open for Beijing to resume ... Full Story »

Posted by Fabrice Florin - via Google News (Global Economy)
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Posted by: Posted by Fabrice Florin - Apr 18, 2010 - 2:17 PM PDT
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Edited by: Fabrice Florin - Apr 18, 2010 - 3:04 PM PDT

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