CORRECTED-Feldstein says China could act on yuan if US quiet

(Corrects thirds paragraph to say Feldstein speaking of dollar
strength vs euro, not euro strength vs dollar)

HONG KONG, March 23 (BestGrowthStock) – China will have more scope
to allow the yuan to appreciate if the U.S. government stays
quiet, a Harvard University economist who also advises the U.S.
government on economic policy said on Tuesday.

The comment was made by Martin Feldstein, a member of U.S.
President Barack Obama’s economic recovery advisory board.

Feldstein added that the strength of the the U.S. dollar
against the euro was only temporary. The euro remained the only
major alternative to the dollar, he said.

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CORRECTED-Feldstein says China could act on yuan if US quiet