Published on Tue, Jan 19, 2010 at 12:21 | Source : Reuters
Updated at Tue, Jan 19, 2010 at 16:03
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China to stick with gradual yuan reform
China's Commerce Minister said on Tuesday reform of the yuan's exchange rate policy will be gradual, with exports likely to take a long time to return to pre-crisis levels.
China's Commerce Minister said on Tuesday reform of the yuan's exchange rate policy will be gradual, with exports likely to take a long time to return to pre-crisis levels.
A stable yuan will help the global economy recover after sliding into recession during the financial crisis, Chen Deming told a news conference after meeting his Indian counterpart.