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Muzi.com: Muzi (English): Gallery: Activities: Event: Chinese Currency Dispute:   Chinese Currency Dispute [2p.14n]

Chinese Currency Dispute [2p.14n]   p1   n1  2   3   4   5   6   7   8   9   10   11   12  n14 China bowed to months of market and political pressure on Thursday by revaluing the yuan by 2.1 percent and abandoning the currency's decade-old peg against the dollar. In a long-awaited move that it said would improve the running of the economy and give more play to market forces, the central bank said the yuan's value from now on would be linked to a basket of currencies of China's main trading partners. Picture taken in Hai'an, May 17, 2005. n1  2   3   4   5   6   7   8   9   10   11   12  n14 n6       n8

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