Commitment to market-determined exchange rate
Source: Agencies |
July 13, 2013, Saturday
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Print Edition
Print Edition
THE US Treasury Department said yesterday that Chinese officials committed in bilateral talks to move to a market-determined exchange rate for the Chinese currency.
It said China would submit a revised government procurement agreement offer to the World Trade Organization by the end of the year, and begin intensive technical talks with the United States this summer to tackle the remaining obstacles to China's accession to the WTO government procurement accord.
It said China would submit a revised government procurement agreement offer to the World Trade Organization by the end of the year, and begin intensive technical talks with the United States this summer to tackle the remaining obstacles to China's accession to the WTO government procurement accord.
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