Week in FX Asia – Chinese Power Transition as Growth Improves

The 10 year power transition in China will happen next week. President Hu Jintao is expected to step down with current VP Xi Jingping in line to be the new leader for the next 10 years. On the economic front there has been encouraging news out of the manufacturing sector where an increase in…

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Week in FX Asia – Chinese Power Transition as Growth Improves