Financial Times FT.com

EU trio to lobby for China currency action

By Ralph Atkins in Frankfurt and Tony Barber in Brussels

Published: November 11 2009 18:27 | Last updated: November 11 2009 18:27

Senior European policymakers will this month step up efforts to persuade China to allow its currency to appreciate.

While Europe’s concerns about Beijing’s exchange rate policy have been less public than those of the US, the three-man mission to Beijing comes amid rising fears that the eurozone is bearing the brunt of a global economic adjustment through a stronger euro.

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