Chinese Premier Wen Jiabao said the government will cool property prices, resist pressure for the yuan to appreciate and keep inflation at ‘reasonable’ levels.
“Property prices have risen too quickly in some areas and we should use taxes and loan interest rates to stabilize†them, Wen said yesterday in an online interview with the official Xinhua News Agency. China will “absolutely not yield†to calls for currency gains, he said.
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Dean Popplewell
He has a deep understanding of market fundamentals and the impact of global events on capital markets.
He is respected among professional traders for his skilled analysis and career history as global head
of trading for firms such as Scotia Capital and BMO Nesbitt Burns. Since joining OANDA in 2006, Dean
has played an instrumental role in driving awareness of the forex market as an emerging asset class
for retail investors, as well as providing expert counsel to a number of internal teams on how to best
serve clients and industry stakeholders.
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