- Former PBOC adviser Yongding: China must reject US demands to keep the Chinese yuan stable against the US dollar as part of a trade deal
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1 março 2019
Former PBOC adviser Yongding: China must reject US demands to keep the Chinese yuan stable against the US dollar as part of a trade deal
China can commit to not maintain the yuan at an artificially low level
Chinese government has promised to shift towards a market-driven economy, and that means it has to have a fully flexible exchange rate regime
White House economic adviser Larry Kudlow said on Thursday that China would need to report any intervention in the foreign exchange market under a currency deal being negotiated with the United States.
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