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Despite the "claimed requirements" of the US administration, the Chinese Central Bank's plans do not coincide, as their strict yuan has helped the Chinese economy grow by more than 9% in 2005.
Although the Chinese Bank promised a revaluation of some sort, its decision to strengthen the yuan by a mere 2.11% is considered laughable by Pravda reporters, as we believe it was simply a political stunt intended to silence, at least temporarily, the pleas of developed nations. The "generous" revaluation was followed by a declaration by Chinese officials that actual financial policy would not be altered...
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