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ECONOMY CHINA SNOW
RTR2ETY
September 02, 2003
A teller counts 100 yuan notes at a foreign bank in Shanghai September
2, 2003. China, bristling at...
Shanghai, China - Peoples Republic of
TELLER COUNTS 100 YUAN NOTES AT A FOREIGN BANK IN SHANGHAI.
A teller counts 100 yuan notes at a foreign bank in Shanghai September
2, 2003. China, bristling at calls to revalue the yuan, ruled out any
change to its currency peg ahead of a visit by U.S. Treasury Secretary
John Snow on Tuesday but offered up a token easing of its capital
controls. Snow, who arrived in Beijing on Tuesday, is under pressure at
home to urge China to revalue the yuan which is pegged to the dollar,
to save jobs at hard-pressed U.S. factories. REUTERS/Claro Cortes IV

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