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Winners and losers from a stronger yuan
WASHINGTON � Chinas decision to let its currency rise in value adds buying power to its exploding middle class � a win for American electronics makers, which can sell more computers and iPods to a hungry market.
At the same time, it puts a squeeze on U.S. retailers ... Original source on Gaea Times at : Stronger yuan means more buying power for Chinese, but some US companies could suffer.
Stronger yuan means more buying power for Chinese, but some US companies could suffer is a post from: newsunwrapped.com
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