IMF praises China’s progress on currency liberalisation; Says still room for more fiscal stimulus into 2010
Jul 23rd, 2009 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
The International Monetary Fund (IMF) praises China's progress on currency liberalisation but acknowledged some member countries still view the renminbi/yuan as "substantially undervalued." The IMF says China still has room for more fiscal stimulus into 2010.