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China and the U.S.A: Yuan's value and stock market's move

Categories: East Asia, North America, China, U.S.A., Economics & Business, International Relations

George Chen notices a coincidence happened before the China national day: Goldman Sachs chose the day to sell up to $2 billion-worth of shares of its stake in Industrial and Commercial Bank of China and the U.S. House of Representatives passed the China currency bill by a vote of 348-79.