China's Yuan Band Widening `Positive Step'

China's Yuan Band Widening `Positive Step' Play

April 16 (Bloomberg) -- Nick Maroutsos, co-founder of Sydney-based Kapstream Capital, talks about the widening of the yuan’s trading band by the People’s Bank of China. Maroutsos also discusses Europe's sovereign debt crisis and the U.S. economy. He speaks with Susan Li on Bloomberg Television's "First Up." (Source: Bloomberg)

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