November 7, 2011 Headlines: Hu Said What? 15 U.S. Factories Close Every Day, and More.
WSJ: Some of Chinese President Hu Jintao's strong language about rejecting pressure to appreciate the yuan was conveniently removed from the Chinese transcript of his G20 speech…prompting reporters to ask Hu Said What When?
PoliFact: Last week on the House floor, Rep. Betty Sutton (D-OH) claimed that on average, 15 U.S. factories close each day, a figure that PoliFact’s Truth-O-Meter says is sadly accurate.
WSJ: A new report from two Chinese economists suggests that appreciating the yuan may slow down China’s manufacturing sector…but most argue China still needs to bite the bullet and let the yuan appreciate.
Bloomberg: World dodges recession with China-U.S. buoy.
IndustryWeek: China's commerce minister claims that the nation’s total imports are expected to almost equal its exports in the next five years.
Bloomberg: China stocks crop most in two weeks on slumping auto sales, property curbs.
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