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]
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.]
