Chinese RMB is getting stronger
Oh, has been talking for a long time!!!!!!!Is it real this time.
This blog will present latest business Chinese stories to share with you. Hope it will help you to understand China's rising to be a new economic "power".
"The Bush administration warned China today that its currency policies were "highly distortionary" to world trade and implicitly threatened to retaliate if Chinese leaders did not change course within the next year.
But even before the Bush administration issued its warning today, Chinese leaders had already warned on Monday that currency policy was a "sovereign" issue and that they would not be pushed into decisions by other governments."