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The stability of the yuan exchange......>

CHINA PRESS
CHINA PRESS: The stability of the yuan exchange rate has become the key focus of
the PBOC, the Securities Times said in a commentary on Tuesday. The newspaper
said that China has tightened the control of capital flows and is becoming less
tolerant of yuan depreciation. China is not expecting a weakening yuan as the
loss of capital outflows caused by the devaluation will be far greater than the
export earnings obtained by a weak yuan, the commentary said. 

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