China ctrl bk - Weak yen won't affect stable yuan

CHINA - The weakening Japanese yen won't force China's government to abandon its long-held policy of maintaining a stable yuan, a senior central bank economic researcher said Friday.

People's Bank of China institute of finance research honorary director Zhao Haikuan said it is true that the weakness of the yen has had a negative impact on China's economy and the yuan.

"However, China's government has always implemented a policy of ensuring the stability of the value of the renminbi yuan," Zhao