Merkel may raise yuan exchange rate on China trip
| Reuters
Go on. I dare ya. I double dog dare ya.
Angela has some sheet metal to pitch:
The official, who requested anonymity, added that Merkel needed to convince China that the euro zone was a secure investment after Chinese investors took losses during the restructuring of Greece's debt.
High interest rates on Italian and Spanish bonds made them an attractive investment for Chinese investors, the official said.
Planemaker Airbus is "optimistic" about securing deals to sell planes to China during the trip. Tom Enders, chief executive of EADS, parent company of the Toulouse-based Airbus, is due to join the large business delegation accompanying Merkel to China.
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