人民币

RENMINBI KEEPS ANALYSTS GUESSING

Few questions loom larger with currency strategists this year than whether, and to what extent, China will allow its currency to appreciate.

The country is under growing pressure from its international trading partners, led by the US, Europe and Japan, to let the renminbi rise. But so far it has shown little willingness to heed such calls.

On the contrary: last month, Wen Jiabao, China's premier, said he would “absolutely not yield” to pressure for a stronger renminbi.

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