from Follow the Money

And the People’s Republic of China is a democracy too

July 30, 2005

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From the FT

"China's central bank insisted there would be no more government-led revaluation of the renminbi, saying the currency's exchange rate was already reflecting market forces."

Emphasis added.  Quote taken from the US print edition.

No comment necessary.

Patton Boggs has plenty of work to do.


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