Yi Gang Quotes

The adjustment in the exchange rate will only have a limited effect in resolving global trade imbalances. The imbalance in the global economy is mostly caused by fundamental factors and this huge imbalance cannot be fully resolved only by adjusting the exchange rate.

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This is providing favorable conditions for China to adjust its exchange-rate policy and macro-economic policies.

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The current trading band of 0.3 percent is appropriate, and the recent fluctuation is normal.

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This is a legitimate concern and that's why the central bank has to urge commercial banks to pay attention to their pace of new lending.

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