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Sat, 19 Feb 2005

Companies are rushing to invest in China ahead of an anticipated revaluation of the nation's currency, the yuan, this year. Economists including Yiping Huang at Citigroup Inc. say they expect China's leaders to let the yuan appreciate against the U.S. dollar in 2005, easing a decade-old peg that U.S. politicians partly blame for a ballooning trade deficit with China
Posted 10:57

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