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View Full Version : China's Latest Reforms Not a Sign of Economic Strength - Bloomberg



NewsWhore
05-09-2012, 06:50 PM
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Bloomberg (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHFRhm4yptR35Iv9ffHYL7KmU9EXg&url=http://www.bloomberg.com/news/2012-05-09/china-s-latest-reforms-not-a-sign-of-economic-strength.html)


China's Latest Reforms Not a Sign of Economic Strength (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHFRhm4yptR35Iv9ffHYL7KmU9EXg&url=http://www.bloomberg.com/news/2012-05-09/china-s-latest-reforms-not-a-sign-of-economic-strength.html)
Bloomberg
As a result, the outlook for China's currency has weakened and capital outflows have become an increasing concern. These signs of weakness are the main reasons why Chinese officials have liberalized the exchange rate and tried to counter outflows by ...

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