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Monday, December 08, 2008

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China's Wu Xiaoling says to America - "Prepare for collapse"

Mon, 08 Dec 2008 00:12:30 -0800
Chinese officials are rarely, if ever, make public statements without intent. Wu Xiaoling, deputy director with the finance and economic committee of the National People’s Congress, stated that Chinese authorities should raise the profile of the remninbi during the global financial turmoil and get ready for the currency’s full convertibility.

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