Sunday, March 14, 2010

Asia Times Online :: China News, China Business News, Taiwan and Hong Kong News and Business.

Asia Times Online :: China News, China Business News, Taiwan and Hong Kong
News and Business.
: "Chinese leaders convening in Beijing for the annual plenary session of the National People's Congress (NPC) - China's ceremonial legislature - this week will, among other things, hammer out a blueprint for the ascendancy of the country's currency, the yuan (or renminbi).

China's 2010 economic blueprint, which was officially unveiled at the plenary's opening, set the country's target growth rate at the proverbial 8%, which is the rate Chinese economists deem sufficient to generate enough domestic demand to make up for dwindling exports to regions such as the United States and Europe."

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