Monday, October 25, 2010

Canada Will Be `Relentless' in Pressuring China on Yuan After G-20 Meeting - Bloomberg

Carney said Canada will do all it can to maintain pressure on China and other G-20 countries to implement the policies that nations agreed will help the global recovery, including the adoption of market-determined exchange rates.

“We all agree that we want to move to strong, sustainable, balanced growth,” Carney, 45, said, adding that implementing the framework will be a long process. “You can’t just have one meeting, and you force somebody to do something.”

“Implementation is the whole game here,” Carney said. The best strategy is “being relentless and making sure it continues to move forward.”


Canada Will Be `Relentless' in Pressuring China on Yuan After G-20 Meeting - Bloomberg

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