Nation to maintain stable yuan
By Wang Xu and Hu Yuanyuan | China Daily | Updated: 2009-04-17 07:38
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Workers at a sock-making factory monitor manufacturing processes with a computer in Yiwu, Zhejiang province. An appreciating yuan has hit a number of Chinese exporters. File photo |
China said yesterday it will stick to its policy of maintaining a stable exchange rate, after the US Treasury Department said the yuan is undervalued.
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