Letting yuan float would pose risks
Article Abstract:
A floatation of the Chinese yuan currency could expose the weaknesses in China's financial system. Officials in Europe and in the U.S. have been calling for a floatation of the yuan. However, this could cause the currency to spiral downward.
Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2003
United States, China
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2003
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Germany opposes free-floating yuan
Article Abstract:
Germany has expressed its disapproval of a full free floatation of the Chinese yuan currency. Germany said that Europe must not be given the burden of dealing with Asian currency adjustments.
Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2003
Germany, Asia
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2003
User Contributions:
Comment about this article or add new information about this topic:
Subjects list: Europe, Finance, Money, Company financing, Yuan (China)
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