EU economics chief attacks China's currency peg
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European Union economic commissioner Joaquin Almunia warned that the undervaluation of China's currency was an economic headache for Europe.
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BRUSSELS : Europeans accustomed to sneering at China as a producer of cheap shoddy goods must realise the world&#39;s most populous country is taking a great leap forward in the technology stakes, according to a new report that urges the EU to innovate or
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The European Union files a complaint with the WTO against import tariffs imposed by China on car parts.
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A senior French official says the euro needs to carry more weight internationally to rival the dollar.
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FRANKFURT European leaders sparred over currency policy on Friday as the euro rose to a record against the dollar, a development that could undermine the exports driving the region&#39;s fragile economic recovery.
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The European Union (EU) is likely to place tariffs of more than 20% on flat-panel TVs exported to Europe, according to Liu Hai Zhong (transliterated from Chinese), spokesperson for Sichuan Changhong Electronics, as quoted by the China-based web portal Sohu
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Chinese Premier Wen Jiabao launched an indirect attack on the United States Sunday for failing to halt the dollar&#39;s slide, and vowed not to revalue the renminbi yuan under pressure, according to a published report.
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China made its debut last night in the club of the world's leading economic powers, asinternational pressure mounts to change a decade-old currency peg that critics accuse of giving Chinese products an unfair competitive edge.
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The European Union is not ready to lift its arms embargo on China, according to a senior EU minister.
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China made its debut last night in the club of the world's leading economic powers, as international pressure mounts to change a decade-old currency peg that critics accuse of giving Chinese products an unfair competitive edge.
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Defenders of financial rigour in the European Union attacked German calls for a radical dilution of the eurozone's budget rules at a lively meeting of EU finance chiefs.
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China has lost faith in the stability of the U.S. dollar and its first priority is to broaden the exchange rate for its currency from the dollar to a more flexible basket of currencies, a top Chinese economist said Wednesday at the World Economic Forum.
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A senior Chinese central bank official has warned the United States not to blame other countries for its own economic difficulties, a report said.
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China's new restrictions on foreign  media raise concerns about its respect for trade rules as well  as human rights and freedom of expression, European Commission  President Jose Manuel Barroso said.
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The European Union&#39;s economy commissioner said in a newspaper interview Friday the bloc is worried about the low level of the dollar against the euro.
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China has slammed European Union anti-dumping measures on imports of leather shoes as illegal and threatened retaliation, as Vietnam complained it will pay a high price in lost earnings and jobs.
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Jean-Claude Trichet, president of the European Central Bank, warned on Wednesday that any loosening of the European Union's rules on budgetary discipline would be "dangerous".