Sunday, March 3, 2013

FOXBusiness.com: Exclusive: China eyes market forces to drive FX reform agenda

FOXBusiness.com
FOX Business Network - The Power to Prosper
Exclusive: China eyes market forces to drive FX reform agenda
Mar 3rd 2013, 22:09

China is set to use swelling offshore holdings of its tightly-managed currency worth around 1 trillion yuan ($160 billion) to justify a landmark shift in tactics to relax capital controls.

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