(Reuters) - The report reaffirmed China's long-standing policy on the yuan despite growing pressure for a more rapid pace of appreciation: the central bank said it would keep the currency basically steady at a reasonable level.
Greater consumption, rather than a more active currency policy, was the key to reducing China's big external payments surplus, the report said.
Read more at Reuters.com Bonds News
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment