German Chancellor Angela Merkel may raise the issue of foreign exchange rate flexibility for the yuan currency when she visits China this week, a senior German official said on Tuesday.
"We can't exclude that exchange rate flexibility will be discussed," the official said at a government briefing before Merkel leaves for China on Wednesday.
The official, who requested anonymity, added that Merkel needed to convince China that the euro zone was a secure investment after Chinese investors took losses during the restructuring of Greece's debt.
Read Full Article HERE









