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China should stick to a.................>

CHINA PRESS
CHINA PRESS: China should stick to a non-interference policy in the the FX
market even if the yuan breaks the key level of 7 against the dollar, Yu
Yongding, a former member of the PBOC Monetary Policy Committee, said in an
article published on the China Securities Journal on Wednesday. 
- Only with such patience can China succeed in reforming FX system, Yu said; 
- The yuan is unlikely to depreciate to a level that triggers a financial
crisis, Yu said; 
- The yuan's depreciation in 2015-2016 suggested that intervention had serious
consequences, investors need not to panic or move large capital overseas, Yu
stressed.

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