OECD says China grip on yuan too tight

China should let its currency rise faster to help it counter overheating in its booming economy, the Organization for Economic Cooperation and Development suggested in a report Thursday. The OECD’s latest Economic Outlook raised its forecast for China’s economic growth this year to 11.4 percent, up from the earlier estimate of 10.4 percent. The economy grew 11.5 percent in the third quarter from the same period a year ago. Full Story

OODA Analyst

OODA Analyst

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