CHINA'S RENMINBI VERSUS THE US DOLLAR: People's Bank of China widens trading range of the yu
• http://www.globalresearch.ca, by John ChanThe People’s Bank of China last week widened the yuan’s daily trading band from 0.5 percent to 1 percent. In the short term, the Chinese central bank will continue to intervene in currency markets to ensure that no major fluctuations damage China’s s