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China comments on the yuan’s exchange rate

China comments on the yuan’s exchange rate

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Steven Demmler
16/05/2014 | 03:07 GMT

Crossing the wires:

The commerce ministry cannot say Yuan depreciation is to spur trade growth. The fluctuations in the Yuan are due to market conditions, supply and demand.

You know, because they’d never try to impose their will on their economy…

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