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Merk In the News: Bloomberg China
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Portfolio manager Axel Merk tells Bloomberg China sets the stage for future RMB appreciation

“…'China has indicated that their priority now is to increase liquidity in the currency,' said Axel Merk, founder and president of Merk Investments LLC in Palo Alto, California, who oversees about $20.8 million of Chinese currency. 'That’s a very important precondition to make the currency more convertible and also for future currency appreciation.'…"