NewsWhore
04-14-2012, 05:10 PM
Baochuan's Carter Says Yuan Band Move Will Boost Chinese Stocks (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGK-bDQA8KZ-BcT9bpiT2-853wd6w&url=http://www.bloomberg.com/news/2012-04-14/baochuan-s-carter-says-yuan-band-move-will-boost-chinese-stocks.html)
Bloomberg
It's very clear that China's ultimate long-term goal is to have a reserve currency and the yuan needs to trade according to market-driven mechanisms to allow that to happen. It's another step on a path that they planned out a long time ago.
and more » (http://news.google.com/news/more?ned=us&ncl=d-tYq3hzxUR-dZM)
More... (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGK-bDQA8KZ-BcT9bpiT2-853wd6w&url=http://www.bloomberg.com/news/2012-04-14/baochuan-s-carter-says-yuan-band-move-will-boost-chinese-stocks.html)
Bloomberg
It's very clear that China's ultimate long-term goal is to have a reserve currency and the yuan needs to trade according to market-driven mechanisms to allow that to happen. It's another step on a path that they planned out a long time ago.
and more » (http://news.google.com/news/more?ned=us&ncl=d-tYq3hzxUR-dZM)
More... (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGK-bDQA8KZ-BcT9bpiT2-853wd6w&url=http://www.bloomberg.com/news/2012-04-14/baochuan-s-carter-says-yuan-band-move-will-boost-chinese-stocks.html)