MACNY Calls for Additional Chinese Currency Revaluation

Wolken, Randy
July 2005
Business Journal (Central New York);7/29/2005, Vol. 19 Issue 30, p24
Reports that the Manufacturers Association of Central New York has applauded China's recent shift toward greater flexibility of its currency. Factors that influenced China's decision to stop pegging the Yuan to the U.S. dollar and peg it instead to a basket of foreign currencies; Actual process of re-valuation of the Chinese currency; Benefits of China's decision for the U.S. manufacturers.


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