Detailed text transcripts for TV channel - CNN - 20100627:22:18:00
Would lead to real eevaluation. you suggested to take a year whether or not to check if the trajecto trajectory. >> did i say a year. >> on the 24th with you said it would take a year. was there a reason for a change in the intervening time? >> i'd have to look at the transcript, but let me make sure that i'm absolutely clear. number one, china has determined that it is in its own interests, its own sovereign interests, to move back towards a path of flexible exchange rates. we think that is a very positive thing. we think, in part, it is a positive thing because an undervalued rmb has given c...
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