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China Central Bank Chief: No Reason for Yuan to Fall Persistently

China Central Bank Chief: No Reason for Yuan to Fall Persistently

The Wall Street Journal. - Lingling Wei

Zhou says central bank has room for more monetary policy moves SHANGHAI—China’s top central banker sought to reassure China’s trading partners that Beijing won’t drastically weaken the Chinese currency and that Beijing has sufficient tools to support the economy. “China won’t use competitive …

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