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 | A woman holds a display of China's 100 yuan notes, with an image of former leader Mao Zedong on the note. click to open  |  | A Chinese 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 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. click to open |
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