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WASHINGTON, May 27 (Xinhua) -- The U.S. Treasury Department(财政部 ) said in a report released on Friday that China was not manipulating its currency. In China, since the authorities decided in June 2010 to allow the exchange rate to appreciate in
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本期内容: Japan returned to recession in the third quarter. GDP contracted at an annualised rate of 0.8%, more than economists had feared,having shrunk by 0.7% in the second. The recession is the second since Shinzo Abe became prime minister in
AMERICAN manufacturers complain that China undervalues its exchange rate. But which one? The nominal exchange rate is now 6.67 Yuan to the dollar, having strengthened by almost 2% since September 5th (when Larry Summers, an adviser to President Barac