A few thoughts from China: currency, policy, property

I have just got back from a visit to Beijing and the east coast of China. Main takeaways for me were:

Currency

China may give a little (3 per cent appreciation in the rest of 2010) but this changes nothing.
“Warming” of US-China relations is being much talked about in media and White House briefings as Chinese Communist Party Secretary Hu Jintao prepares for a visit to Washington and US Treasury Secretary Geithner makes a flying visit to Beijing. This follows the US...

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