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Friday, November 12, 2010

Seoul » Obama Sharpens `Undervalued' Yuan Criticism After G-20 Lets China Off Hook--

Seoul »
Obama Sharpens `Undervalued' Yuan Criticism After G-20 Lets China Off Hook--
Nov.12-2010
--President Barack Obama attacked China's policy of undervaluing its currency minutes after he and other Group of 20 leaders ended a summit that failed to agree on a remedy for trade and investment distortions...."It is undervalued," Obama said of the yuan, speaking to reporters in Seoul after the meeting concluded.
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