Tue, Feb 28, 2006 - Page 11 News List

PRC defends yuan system following talks with US

MONEY MATTERS There was no indication of any policy change regarding the yuan, while a US representative remained tight-lipped following talks in Beijing yesterday

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But Stephen Jen, global head of currency research at Morgan Stanley in London, said yuan gains won't deter investment, and last year's revaluation had no adverse impact on unemployment.

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