‘Distortions of exchange rate spread beyond beijing’ By Agence France Presse (AFP) Saturday, June 12, 2010 - Powered by P. Parameswaran Agence France Presse WASHINGTON: US Treasury Secretary Timothy Geithner said Thursday that China’s refusal to revalue its currency impeded global economic reforms, as he faced calls from lawmakers for retaliatory action. “The distortions caused by China’s exchange rate spread far beyond China’s borders and are an impediment to the global...
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