Divergence Grows Between China and the …

As the world economic crisis deepens, there is a growing divergence over how China with its US$2 trillion in foreign reserves can clean up the mess left by a Wall Street financial bust. US and European leaders urge China to step up to its role as a global financial leader by lifting restrictions that keep its currency artificially low, easing global trade imbalances, doing more to fight global warming, and being more willing to help the rest of the world.

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