A Chinese 100 renminbi (yuan) note is held up in front of the Pudong financial district skyline in Shanghai, 21 May 2007. China recently said that it will widen its currency’s trading band and raise interest rates but major partners and analysts urged Beijing to go still further to help trim huge trade imbalances. The United States and Japan reacted promptly to the announcement, urging China to use the wider band to let the yuan trade more freely and to further increase flexibility on exchange rates. AFP PHOTO/Mark RALSTON (Photo credit should read MARK RALSTON/AFP/Getty Images)