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Yuan to Rise 4% in 2011: FX Economist

Wednesday, 9 Feb 2011 | 12:20 AM ET

Emmanuel Ng, currency economist at OCBC Bank, says China will increasingly use the renminbi as a tool to combat inflation. He tells Dominique Dwor-Frecaut of RBS and CNBC's Chloe Cho, Jackie DeAngelis & Anna Edwards that the Chinese currency will gain 4% against the dollar this year.