Independent journal on economy and transport policy
01:43 GMT+2
China Says No Pressure To Devalue Yuan
(Inside China Today)
November 29, 1999
(posted Nov. 27)
MANILA, Nov 27, 1999 - (Reuters) China is under no pressure to devalue the yuan currency now that the Asian financial crisis is over, Premier Zhu Rongji said in Manila on Saturday.
"Because of the crisis, China's exports suffered a great deal," he said during a question-and-answer session after an address to Philippine Chamber of Commerce.
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