Read this article:
http://www.bbc.co.uk/news/business-11484532
My view
Here is another example of the failure of the current global system. There is no point in having a global economy, if it causes the types of economic problems that have to be addressed through "currency manipulation". It is better to allow countries to have some form of protectionism to preserve their national identity and interest, rather than have a globalised economy that serves the interest of the large global companies.
Read my view on "restructure the global economy" in www.tankinlian.com/latest.aspx.
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