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Yuan Dollar

The Chinese Yuan vs. the Power of the Dollar

Daniel Wagner | Posted 05.25.2011 | Business
Daniel Wagner

In the absence of any realistic alternative to replace the supremacy of the dollar, it is likely to remain the dominant global currency for many years to come. No other currency is more widely accepted or used.

China Rejects Currency Pressure Amid Summers Visit

AP | Posted 05.25.2011 | Business

BEIJING — China rejected pressure over currency Tuesday amid a visit by two high-level U.S. envoys, saying Beijing will set the pace of exchange...

Chinese Economy Grows Alarming 11.9% In First Quarter

bloomberg.com | Bloomberg News | Posted 05.25.2011 | Business

China's economic growth accelerated to the fastest pace in almost three years in the first quarter, highlighting overheating risks that may prompt the...