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Obama Protects US Economy by Urging China to Take Action on Yuan

Chinese prime-minister, Wen Jiabao, discussed yesterday, September 22, with his US counterpart Barack Obama about the value of the Chinese yuan.  President Obama requested to the Chinese premier to take…

China Posts $20 Billion Trade Surplus in August

For the third straight time, China’s Trade Surplus hit more than $20 billion this August. This seems, according to the US, that china’s currency is being undervalued. The exact figure,…

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