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China Briefings

Reports on China issued by Samsung Economic Research Institute

China Business Intelligence No. 181

China Business Intelligence No. 181

Samsung Economic Research Institute Beijing Office

Nov. 18, 2010

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In September, the Federal Reserve Board decided on the initiation of the second round of quantitative easing, following the first round of quantitative easing in 2008. Along with this, the US government demanded an appreciation of the yuan, criticizing that the yuan was too undervalued and appreciated too slowly. The Chinese government strongly opposed the allegation, raising tension over a possible currency war.

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