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Image header Agence Europe
Europe Daily Bulletin No. 10229
THE DAY IN POLITICS / (eu) eu/china

Europeans disappointed by the slow rise in value of the yuan

Brussels, 05/10/2010 (Agence Europe) - The euro zone leaders put pressure on Beijing over the appreciation of the yuan, which they feel is inadequate in relation to China's economic weight in the world. The effective exchange rate of the Chinese currency remains “under-evaluated” the President of the Eurogroup, Jean-Claude Juncker, said on Tuesday 5 October, after his meeting with the Chinese Prime Minister, Wen Jiabao, on the eve of the EU-China Summit on 6 October. The President of the...

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