Is it time for Europeans to migrate?

Willem Thorbecke, 6 July 2010Will China’s decision to ditch the dollar peg help rebalance the global economy? This column argues that China’s action may facilitate a concerted appreciation in Factory Asia, helping the region redirect production away from western markets and towards domestic consumers. Full Article: Will abandoning the dollar peg help China rebalance its economy?

BEIJING (Reuters) - China's recovery from its longest slowdown in growth since the global financial crisis is being driven by the two forces posing the biggest risks to the economy's increasingly urgent need to rebalance - investment and property.

China's recovery from its longest slowdown in growth since the global financial crisis is being driven by the two forces posing the biggest risks to the economy's increasingly urgent need to rebalance ...

BEIJING (Reuters) - The International Monetary Fund on Thursday urged China to allow the yuan rise further to rebalance its vast economy, and called for freer use of the currency in global trade and commerce.