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The depreciation pressure on the........>

CHINA PRESS
CHINA PRESS: The depreciation pressure on the Chinese yuan has eased due to the
weakening dollar index and China's strong balance of payments, Guan Tao, a
senior fellow at the China Finance 40 Forum, wrote in a report. A positive
development in Sino-U.S. trade negotiations and lower expectations for further
rate hikes by the Federal Reserve helped boost investors' optimism for the yuan,
Guan said.

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