{"id":107621,"date":"2009-12-28T05:37:18","date_gmt":"2009-12-28T10:37:18","guid":{"rendered":"http:\/\/www.businessinsider.com\/shanghai-surges-after-wen-jiabao-promises-yuan-will-stay-weak-2009-12"},"modified":"2009-12-28T05:37:18","modified_gmt":"2009-12-28T10:37:18","slug":"shanghai-surges-after-wen-jiabao-promises-yuan-will-stay-weak","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/107621","title":{"rendered":"Shanghai Surges After Wen Jiabao Promises Yuan Will Stay Weak"},"content":{"rendered":"<p><img decoding=\"async\" class=\"float_right\" src=\"http:\/\/static.businessinsider.com\/~~\/f?id=4aa6d4c72f083539663624ef\" border=\"0\" alt=\"china yuan money cash dollars\" \/><\/p>\n<p>Chinese investors love their manipulated, weak yuan, just like American investors love their manipulated, weak dollar.<\/p>\n<p><a href=\"http:\/\/www.businessinsider.com\/wen-jiabao-2009-12\">This weekend<\/a>, the Chinese premier Wen Jiabao promised a continuation of stimulus and a weak yuan policy and boom, the Shanghai market took off like a rocket.<\/p>\n<p><a href=\"http:\/\/online.wsj.com\/article\/SB10001424052748704905704574622990260078338.html\">While you were sleeping the exchanged gained 1.5%<\/a>. Other Asian indices similarly took off, with the Nikkei gaining 1.3%.<\/p>\n<p><a href=\"http:\/\/www.businessinsider.com\/shanghai-surges-after-wen-jiabao-promises-yuan-will-stay-weak-2009-12#comments\">Join the conversation about this story &#187;<\/a><\/p>\n<p><b>See Also:<\/b><\/p>\n<ul>\n<li><a href=\"http:\/\/www.businessinsider.com\/wen-jiabao-2009-12\">Wen Jiabao: A Weak Yuan Is Awesome For the World<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/huge-surprises-in-2010-an-american-third-party-a-major-yuan-devaluation-and-a-vix-below-4-2009-12\">Huge Surprises In 2010: An American Third Party, A Major Yuan Devaluation And The VIX Falling To 14<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/china-shares-up-for-4th-day-on-hope-yuan-will-rise-2009-11\">The Entire Chinese Market Has Become A Big Bet On Yuan Repricing<\/a><\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/TheMoneyGame\/~4\/tPAnGAUQBEE\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Chinese investors love their manipulated, weak yuan, just like American investors love their manipulated, weak dollar. This weekend, the Chinese premier Wen Jiabao promised a continuation of stimulus and a weak yuan policy and boom, the Shanghai market took off like a rocket. While you were sleeping the exchanged gained 1.5%. Other Asian indices similarly [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-107621","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/107621","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=107621"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/107621\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=107621"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=107621"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=107621"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}