(Reuters) - "China has its own large internal imbalances. Allowing an
appreciation of their exchange rate would help their own
internal adjustment and it would also help global adjustment,"
Macklem said in response to questions after a speech in
Winnipeg.
Canada, like the United States, has been consistent in
arguing that the Chinese currency is undervalued and therefore
distorts trade to the detriment of its partners.
Read more at Reuters.com Bonds News
appreciation of their exchange rate would help their own
internal adjustment and it would also help global adjustment,"
Macklem said in response to questions after a speech in
Winnipeg.
Canada, like the United States, has been consistent in
arguing that the Chinese currency is undervalued and therefore
distorts trade to the detriment of its partners.
Read more at Reuters.com Bonds News
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