Chinese Premier defends yuan policy strongly (The Malaysian Insider)
January 31, 2009 by admin · Leave a Comment
BEIJING, Jan 31 — Chinese Premier Wen Jiabao made a stout defence of his country’s currency policy, even as United States President Barack Obama’s administration sought to tone down its criticism over the yuan. Speaking in Berlin after meeting German Chancellor Angela Merkel late on Thursday, he said the yuan is “orientated towards market needs” and “flexible” — reiterating a long-held …
