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Re: langlui post# 51269

Sunday, 01/10/2010 1:57:03 AM

Sunday, January 10, 2010 1:57:03 AM

Post# of 72979
One prominent voice within China said now is an ideal time for a 10% appreciation of the yuan, countering Beijing's assertion that the country doesn't need to adjust its currency.

It wasn't clear whether the call, from a think-tank-affiliated researcher, was a tip that leadership views on the yuan could be in flux or whether it was merely the expression of a contrarian view. The Chinese Academy of Social Sciences regularly offers policy ideas to the Chinese government for consideration, though its views don't necessarily represent official government thinking.
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