| Delayed 09:40:02 17/07/2024 am IST | 5-day change | 1st Jan Change | ||
| 7.268 CNY | -0.00% |
|
-0.10% | +2.40% |
| 15/07 | CHINA PBOC EXPECTED TO SET YUAN MID-POINT AT 7.2548 PER DOLLAR… | RE |
| 12/07 | CHINA'S ONSHORE YUAN FINISHES DOMESTIC SESSION AT 7.2585 PER D… | RE |
DAVOS, Switzerland (Reuters) - China will not devalue its yuan, also known as the renminbi, or start a trade war, President Xi Jinping said on Tuesday.
Xi told the World Economic Forum in Davos, Switzerland, that China stood for open, transparent and win-win trade agreements, and called on other countries not to blame others when tackling "difficulties".
"China will keep its door wide open and not close it," Xi said.
(Reporting by Noah Barkin and Elizabeth Piper)
