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France says believes the yuan is undervalued

CANBERRA : French Foreign Minister Alain Juppe said on Sunday he believed the Chinese currency was undervalued and would
Published September 11, 2011

yuanCANBERRA: French Foreign Minister Alain Juppe said on Sunday he believed the Chinese currency was undervalued and would raise the issue when he visits Beijing shortly.

"We believe that the yuan is undervalued at present. We will certainly discuss this with the Chinese," he told reporters on his last day of a visit to Australia. He IS travelling back to France via China.

 

Copyright Reuters, 2011

 

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