login
login

Europe Daily Bulletin No. 10312

10 February 2011
Contents Publication in full By article 20 / 34
GENERAL NEWS / (eu) eu/trade
ECIPE report exposes myth of undervalued yuan

Brussels, 09/02/2011 (Agence Europe) - While grievances continue to be felt on both sides of the Atlantic over the undervaluation of the Chinese currency, the yuan, accused of being responsible for trade deficits, a working paper by Sylvain Plasschaert, published on Wednesday by the European Centre for International Political Economy (ECIPE), highlights the weakness of this argument. Firstly, the Belgian professor says, trade surpluses are dominated by the simple final assembly of consumer...

Contents

THE DAY IN POLITICS
GENERAL NEWS