China vows more flexible yuan with trade surplus

In a possible attempt to address overseas pleas to address China's record trade surplus, central bank governor Zhou Xiaochuan said Monday 12 March that exchange rate policies could go some way toward tackling the problem.

"As a supplementary policy, exchange rate policy can have a certain function as price leverage and can help adjust the balance between imports and exports," Zhou told reporters at a briefing.

"The managed floating exchange rate regime will be further improved and the flexibili

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