Europe calls on China to let currency appreciate

Europe Calls China Currency - Politics, Business, Civil, History - Posted: 5th Oct, 2010 - 3:54pm

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Business - European Economy
Post Date: 5th Oct, 2010 - 3:54pm / Post ID: #

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Europe calls on China to let currency appreciate

Europe calls on China to let currency appreciate (AP)
European Business News

China's Prime Minister Wen Jiabao, right, shakes hands with Luxembourg's Prime Minister and head of the eurogroup Jean Claude Juncker during a meeting on the sidelines of an ASEM 8 summit in Brussels on Tuesday, Oct. 5, 2010. European and Asian leaders will seek common ground on ways to fix and regulate the global financial market but will likely be bogged down by such issues as market restrictions and trade surpluses during three days of summits. (AP Photo/Virginia Mayo)AP - European leaders on Tuesday urged China to let its currency rise and narrow a trade deficit that has strained relations, while promising Asian countries in return more power in global financial institutions.



Source: Yahoo! News: Business - European Economy

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