[WSJ 2004.02.13]

China Rethinks The Peg Tying Yuan and Dollar
-Outside Pressure to Delink, Beijing's Fears of Losing Control Prod Possible Shift


BEIJING -- Pressures building within China's hard-charging economy are driving Beijing to re-examine the Chinese currency's iron-like tether to the U.S. dollar, with a loosening looking more and more like a matter of when, not if.