Japan supports collective G7 message to China on yuan

Posted by 7Star Thursday, January 21, 2010

Japan supports sending a "collective message" to China at a G7 meeting next month to allow more flexibility in the yuan, a government official said on Wednesday. China has come under heavy pressure from the Group of Seven leading industrialised nations to revalue its currency, which some economists say is kept artificially low, giving it a unfair export advantage and hindering more balanced economic growth.

0 comments

Post a Comment

Labels

Followers

Archive

BlogCatalog