China's currency pledge; traffic chaos in Montreal; and Justin Bieber!: Listen to my four-minute audio roundup of what's on the front pages of the country's newspapers plus highlights from Monday's political daybook by clicking on the link below.
You can also get these audio summaries automatically every day via podcast from iTunes or via an RSS feed by subscribing to my AudioBoo stream. Both the iTunes link and the RSS link are at my profile at AudioBoo.fm. Lookin the top right corner of the “Boos” box.
China’s Central Bank has sought to defuse the huge pressure being built up on China to appreciate its currency.In a statement,the Bank it talks about “reforming the currency”.There is no hard numbers about appreciation or the timeline of the reforms.It would surprise me that China appreciated the currency too soon as its economy is already slowing down.http://bit.ly/dnpa7I