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Message: U.S. backs off in currency dispute with China |

http://www.reuters.com/

 

U.S. backs off in currency dispute with China

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Considering this information any action taken against China by the US administration regarding currency manipulation would happen at the earliest by January 2011 and probably later in spring time .

In this world economy it seem like light years away . By then the outlook could be very different and the yuan might appreciate by a few percentage point against the US dollar .

Tec

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