China's Premier Li rules out sharp yuan devaluation

Intraday Comment
21/09/2016 2:53:08 CH

Chinese Premier Li Keqiang on Tuesday ruled out a sharp devaluation of the yuan to boost exports as well as a "continued devaluation" based on market pricing as he spoke at the Economic Club of New York to urge a united stance with the U.S. against protectionist trade policies.Chinese Premier Li Keqiang on Tuesday ruled out a sharp devaluation of the yuan to boost exports as well as a "continued devaluation" based on market pricing as he spoke at the Economic Club of New York to urge a united stance with the U.S. against protectionist trade policies.

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