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CHILDREN at a Darlington school escaped the classroom and embarked on a woodlands adventure as part of an initiative to promote the importance of outdoor learning.
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Japan's central bank has been frantically adding to its sovereign debt over the past several months, devaluing its currency against the yuan in the process.China needs to be on its guard against the yen's flagging value,true religion outlet, since a soft yen will only hurt its foreign trade with Japan and depreciate its foreign reserves.If the yen falls too much further against the yuan, this will inevitably push up costs for Japanese firms importing goods from China, Japan's largest trading partner. And since China became the largest overseas holder of Japanese government bonds in 2010 - with over 18 trillion yen ($176.4 billion) in notes from Japan's central bank in its vaults as of the end of 2011 - losses to the yen's value will erode the value of these assets.But Japan is just one of several countries which have launched aggressive monetary easing measures in recent months to shift growth back into gear. China should step forward now to reevaluate its currency and take some of the froth out of the yuan's forced appreciation.The author is Qiu Lin, an economic commentator.
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