Blog post

Three wise men in the East

Publishing date
27 November 2011

This week Jean-Claude Juncker, Jean-Claude Trichet and Joaquin Almunia's visited Bejing to press for revaluation of the Chinese currency. Jean Pisani-Ferry regards this visit as a watershet. Even though it would be premature to assume that Europe has overcome its internal disputes over exchange rate policy, this is an indication that the Eu intends to be part of the global monetary conversation.

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