DigiNepal
EU plans high-level China currency talks as fears of new trade shock mount
EU plans high-level China currency talks as fears of new trade shock mount
After convincing China to accept a cap on its hybrid car exports, a stream of top-level European finance and banking officials will descend on the Chinese capital in the coming months on a far trickier mission: persuading Beijing to stop holding down its currency to help save the bloc’s struggling industry. In the week of November 23, top European Union economy officials led by director general…