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Big Yuan Rise Would Mean Bankruptcies: Chinese Premier

September 23, 2010

An appreciation of 20 percent in China's currency would cause widespread bankruptcies in China's export sector, where firms operate on thin margins, Chinese Premier Wen Jiabao said in New York.

Source: http://www.cnbc.com/id/39317675?__source=RSS*tag*&par=RSS
 
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