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Thread: Chinese yuan breaks 7.5 mark against USD
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[quote=JIMMYB,252476]Paul, it sounds that you are an economist, hehe. China has "got stuffed". US should not have blamed China on its exchange rate policy. Stephen Roach, chief economist with Morgan Stanley analyzed that the root of US's trade deficit is that US domestic savings in short, which only took 1.5 of the national income. China is not the scapegoat.[/quote]
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