- Chinese Premier Wen Rejects U.S. & European Pleas, Says Yuan to Stay Stable
- Three Ways to Profit From China's New Anti-Corruption Regulations
China's Premier Wen Jiabao vigorously defended his country's economic policies on Sunday, rejecting calls to let the yuan appreciate, and ratcheting up trade tensions with the United States where lawmakers and economists insist his stance is hindering a global recovery. "I don't think the renminbi is undervalued," Wen said at a press conference in Beijing, using the Chinese currency's official name. "We oppose countries pointing fingers at each other and even forcing a country to appreciate its currency."
[Editor's Note: Money Morning Investment Director Keith Fitz-Gerald is currently in Mainland China. Look for additional installments of his investment travelogue next week.] XIAN, People’s Republic of China – China is toughening up its disclosure rules for government officials, the latest in a series of moves that should level the playing field for foreign investors […]