US should not expect China to keep yuan.......>

CHINA: US should not expect China to keep yuan stable alone, says former senior

official with China's foreign exchange watchdog (SCMP) - From Sunday

- US President Donald Trump should not expect China to keep its yuan stable with

the US dollar when he keeps rocking market sentiment and provoking disputes,

says a former senior official with China's foreign exchange watchdog. - "It

(maintaining the yuan's stability) is a bilateral thing. It is unreasonable that

you (US president Trump) insist on provoking disputes, striking market

sentiment, while requiring China on its own handle the mission of stabilising

the exchange rate," Guan Tao, a prominent economist, said in an interview with

the South China Morning Post in Beijing.

- Link: https://tinyurl.com/y557u5x5