China Financial Daily

March 15, 2010

Premier Wen Jiabao is against mandatory appreciation of RMB

Filed under: Financial News — Tags: , — sherry @ 2:41 am -0700

Premier Wen Jiabao is against mandatory appreciation of RMB
Recently, the People’s Bank of China Governor Zhou Xiaochuan’s words let the yuan appreciate the question once again become a hot market. Under internal pressure external Qi, the voice of a yuan revaluation wave after wave. “I think the yuan is not undervalued currency.” Premier Wen Jiabao yesterday at the Third Session of the Eleventh National People’s Congress of the Chinese and foreign journalists at the meeting on the topic of the recent appreciation of the renminbi stir-fried to give the most authoritative response.

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