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China, Germany Criticized by U.S. for Current-Account Imbalances

The U.S. reiterated its complaints that China’s yuan hasn’t strengthened as fast as needed and criticized Germany for its current-account surplus in a report yesterday.

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Emerging Asia Forecasts Cut Amid Fed Taper Concern: Economy

A slowdown in China and India is reverberating across the region with the Asian Development Bank forecasting easing expansion this year, putting pressure on policy makers to take steps to bolster their economies.

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