More market-based yuan rate important to growth-US

WASHINGTON, May 19 (BestGrowthStock) – China moving to a more
market-based exchange rate is important to promoting sustained,
balanced growth, the U.S. Treasury’s Senior Coordinator for
China Affairs David Loevinger said on Wednesday.

Loevinger also told reporters the United States is
confident China will come to conclude that moving to a more
market-based currency rate is in its interest.

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More market-based yuan rate important to growth-US