Why China needs to shore up the yuan
Dec 8th, 2011 | By | Category: AnalysisFears of a slump have put pressure on the Chinese currency, and its central bank may have to stop it sliding further – or risk US anger Predictably enough, the focus of financial markets in recent days has been on Europe and the attempts of Angela Merkel and Nicolas Sarkozy to piece together a deal that will safeguard the future of the single currency.
