Bumper64 Posted April 25, 2010 Report Share Posted April 25, 2010 APRIL 25, 2010, 12:16 P.M. ETWASHINGTON (Dow Jones)--Concerns over China's exchange rate policy were absent from public statements that world financial leaders released after weekend meetings here. But officials from several countries used the forum to nudge Beijing toward a revaluation of its currency, the yuan, a move that analysts see as increasingly likely before the end of this quarter. In voicing their concern that an undervalued yuan creates distortions in world trade and financial flows, officials opted for diplomatically polite language. Some China watchers say such subtle expressions of concern are likely to prove more fruitful than tough talk of sanctions against Beijinghttp://online.wsj.com/article/BT-CO-20100425-702811.html?mod=WSJ_latestheadlines Link to comment Share on other sites More sharing options...
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