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Keyword: globalrecesssion

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  • Hands Off, China Tells G7 on Eve of Talks

    09/19/2003 6:27:47 AM PDT · by Walkin Man · 26 replies · 301+ views
    abcnews.com ^ | Sept. 19 2003 | Alan Wheatley
    Hands Off, China Tells G7 on Eve of Talks Sept. 19 — By Alan Wheatley, Asian Economics Correspondent DUBAI (Reuters) - China bluntly told the United States on Friday not to make it a scapegoat for its economic woes by pressing for a revaluation of the yuan at this weekend's meeting of the world's leading industrial powers. The need for China and other Asian nations to let their currencies rise to help iron out major imbalances threatening the global economy will be a major talking point when Group of Seven (G7) finance ministers gather on Saturday in Dubai. With the...