Voices of business circle at the 'two sessions'
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Yi Gang, deputy governor of the People's Bank of China, March 4, 2015. [Photo/China Daily] |
The exchange rate of renminbi has the ability to remain stable under China's "new normal". With outlook on the country's economy staying optimistic, and international balance of payments sustaining surplus, the yuan is gaining more popularity in trade settlement, investment, and asset allocation.
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