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Late-breaking: U.S. Warns China On Currency

UPDATE, June 23, 2005:

Greenspan informs U.S. Congress that revaluing the renminbi will not increase manufacturing activity or jobs in the United State.


Original post:

Without further comment, please see:

New York Times [Registration Required]

Bloomberg

For the response from PRC officials, see this.

And an article on the Chinese "rejection" of revaluation from the Financial Times. [Registration required.]

More than you need here. [In Chinese.]

For background, see this. [In English.]

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