We believe that there is a very real possibility that the Chinese government and the Chinese people see it in their interest to let the currency float, The jury is still out. We still need some concrete signs.
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We hope and pray that the Chinese will move. We don't want to dictate anything to the Chinese. We don't want to tell them how quickly they should move or to what degree, but we do need to see some more movement on something that just about everyone agrees ought to happen,
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The more we hear, the more it is clear this goes way beyond Scooter Libby.
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We are beginning to sniff the possibility of real results. But the Chinese Government has convinced us that moving to a free floating currency has been a complicated matter.
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