Financial Times FT.com

Wen dismisses currency pressure

By Geoff Dyer in Beijing

Published: December 27 2009 12:52 | Last updated: December 27 2009 19:14

Wen Jiabao, China’s premier, has said Beijing would not give in to foreign demands for its currency to strengthen, taking an increasingly defiant tone amid mounting international pressure.

In an interview published by the Xinhua news agency on Sunday, Mr Wen said some of the demands for China to let its currency appreciate were an effort to contain the country’s development.

Wen Jiabao

China's premier, has said that Beijing will not give in to demands for its currency to strengthen

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