Brussels, 22/07/2005 (Agence Europe) - On Friday, the European Commission welcomed the Chinese government's decision to increase the value of the Chinese yuan by 2%, setting a new exchange rate of 8.11 yuan per US dollar and linking the yuan to a basket of currencies. Before the move, the parity rate was 8.28 yuan per US dollar. China's main trading competitors (the EU and the United States) have been saying for a long time that the yuan was being kept artificially low by the Chinese...