Tuesday, October 12, 2010

Currency Tensions Will Get Worse

Oct. 12 2010 | Robert Prior-Wandesforde, Director non-Japan Asia economics at Credit Suisse said he can’t see China accelerating the pace of appreciation against the US dollar significantly. “If anything, these tensions are going to get worse.” China won’t want to give the impression it is bowing to international pressure, he said.



No comments:

Post a Comment

DAILY NEWS ON BOOZE