China to push currency reform

China will continue with market-orientated currency reforms while keeping the exchange rate of the yuan basically stable, said Su Ning, a vice-governor of the People's Bank of China on Thursday 17 November.

Su, in a restatement of the central bank's long-standing policy, told a conference that the reforms were aimed at making the exchange rate more flexible and at rebalancing China's economy.

The pace of reform, which would also entail steady progress towards removing capital account restrictio

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