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it s in china s interest to allow it s currency to appreciate. after all, china is having a problem right now with inflation. in fact chinese inflation combined with the slight increase in the value of the currency that beijing allowed has made up a quarter of the under valuation of the yuan, not enough officials say but narrowed the price difference between the u.s. and chinese products and that is the right direction. china has the world s largest standing army and is experiencing a surge in technology and hardware. reaction here e at home and one place that is interested in u.s. and chinese interests. taiwan, test of 19 missiles may have been an attempt to embarrass the chinese president. one-third of the missiles failed. there was neither symmetry but the chinese military of a ....