European Commission caused about strong Euro.

The Euro has risen again in value. As opposed to the Euro, the Yuan and the United States Dollar are undervalued. This combination can have a negative influence on the economic recovery in Europe. For example, the strong Euro makes the European export more expensive, that means that is less profitable to buy products in Europe.

There is an European political pressure on China for a more flexible course of the Yuan, but the Chinese pre-minister doesn’t degree with us on that.

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