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China’s Wen Promises RMB Stability to Trade Companies

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By Vivian Ni Oct. 19 – During his recent tour to China’s southern province of Guangdong, Chinese Premier Wen Jiabao vowed to offer more support – including a “basically stable RMB exchange rate” – to exporters that have been suffering from the tightening lending environment, local currency appreciation and declining external demand. Making his remarks […]

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