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ECONOMY
THIS WEEK> THIS WEEK NO. 16, 2014> ECONOMY
UPDATED: April 14, 2014
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"The liberalization of the renminbi exchange rate is like walking on a tightrope. China should follow the German model, widening trading band of its exchange rate when the economy can tolerate and strictly controlling the interest rate so as to prevent the asset price bubbles caused by low interest rates."


 
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