A Chinese government economist urges Beijing to allow the yuan to rise by 10% in a one-off...

|By:, SA News Editor

A Chinese government economist urges Beijing to allow the yuan to rise by 10% in a one-off revaluation against the dollar. Chinese Academy of Social Sciences economist Zhang Bin would also like China to widen the yuan's daily trading band to 3% around parity from a current 1.5%. (ETF: CYB)