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English > Finance&Economy > Finance-Breakingnews>China Reaffirmed Stable Yuan’s Exchange Rate

China Reaffirmed Stable Yuan’s Exchange Rate

12-11 17:26 Caijing Magazine

Full article in Chinese: http://www.caijing.com.cn/2008-12-10/110037071.html

The Central Economic Work Conference, a three-day strategy meeting ending Wednesday, confirmed China’s long-standing policy of maintaining a steady yuan exchange rate. Minister of Commerce Chen Deming stated recently that China will not make the yuan depreciate to stimulate exports.

 

Related article in English: In Search of Balance for a Reliable Yuan

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