Bloomberg News

EU’s De Gucht Says China Should Revalue Yuan Further

October 12, 2011

Oct. 13 (Bloomberg) -- European Union Trade Commissioner Karel De Gucht said China should revalue the yuan further. The EU and China need more discussion on currency policy as the yuan doesn’t accurately reflect China’s economy, De Gucht said today at the World Knowledge Forum in Seoul.

To contact the reporter on this story: William Sim in Seoul at wsim2@bloomberg.net

To contact the editor responsible for this story: Kyung Bok Cho at kcho7@bloomberg.net


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