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Lee Says China Will Appreciate Yuan to Prevent Trade War: Video

Ann Lee, a professor of finance and economics at New York University, David Semmens, an economist at Standard Chartered Bank, and Donald Gimbel, senior managing director at Carret Asset Management LLC, talk about China's currency policy.

The yen fell against most of its major counterparts as signs the global economic recovery is gathering momentum and a boost in corporate earnings spurred demand for higher-yielding assets. They talk with Pimm Fox on Bloomberg Television's "Taking Stock." (Source: Bloomberg)

Running time 11:30

Oct. 13 (Bloomberg) -- Ann Lee, a professor of finance and economics at New York University, David Semmens, an economist at Standard Chartered Bank, and Donald Gimbel, senior managing director at Carret Asset Management LLC, talk about China's currency policy. The yen fell against most of its major counterparts as signs the global economic recovery is gathering momentum and a boost in corporate earnings spurred demand for higher-yielding assets. They talk with Pimm Fox on Bloomberg Television's "Taking Stock." (Source: Bloomberg)

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