TimesOnLine: Europe to voice concerns over yuan exchange rate - by Rory Watson
Europe to voice concerns over yuan exchange rate - by Rory Watson
The European Union will voice its concerns over China’s exchange rate policy directly to the country’s leadership this week. In a sign of growing confidence among the members of the EU’s single currency, the eurozone is dispatching a high-level delegation for the first time to discuss macroeconomic issues with one of its main trading partners. Jean-Claude Juncker, the Luxembourg Prime Minister and chairman of the Eurogroup of finance ministers, will be accompanied by Jean-Claude Trichet, the European Central Bank President, and JoaquÍn Almunia, the European Economics Commissioner. On Wednesday and Thursday, they will meet Wen Jiabao, the Chinese Prime Minister, Xie Xuren, the Finance Minister, and Zhou Xiao-chuan, the Central Bank Governor.
