Premier Wen Jiabao: Appreciation of the RMB will be disaster for the world
by admin on Oct.12, 2010, under Asia Business, China, General News
6th Oct, Premier Wen Jiabao speaking at the Central business summit, asked the European economic ministers not to push for the RMB to appreciate.
Instability in the RMB will cause problems for the Chinese economy which is the primary driver of the world economy at this time. If the Chinese economy falters then it would cause another economic disaster for the world.
