Sinica Podcast

07.02.10

Newsweek Bid, Renminbi Revaluation

Kaiser Kuo, Evan Osnos & more from Sinica Podcast
In a sudden move clearly intended to stave off criticism at the G20 meeting in Toronto, China loosened the yuan’s twenty-three-month-old peg to the American dollar earlier this month, allowing its currency to appreciate against the greenback. This...