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RMB slips V.S. US$, 14-month high on euro

The yuan slipped against the dollar in the offshore forwards market for a second day on Wednesday. Meanwhile the spot yuan neared a 14-month high against the euro, as enthusiasm over the eurozone rescue plan faded.

China and US reached agreements on Yuan exchange rate

The Chinese Vice Commerce Minister says China and the U.S. have reached basic agreements to keep the yuan exchange rate and China´s foreign trade policies basically stable.

US respects China´s decision on yuan

President Hu Jintao says that China would firmly stick to reforming its currency exchange rate, based on its own economic and social development needs. He made the remarks on Monday in a meeting with U.S. President Barack Obama on the sidelines of a Nuclear Security Summit in Washington.

Snow: Let China decide on RMB

It won´t be a surprise if the Chinese government soon shifts its currency policy in the light of mounting inflationary pressure in the nation, although it is up to China itself to decide the timing of any yuan revaluation, former US Treasury Secretary John Snow said on Friday.

Don´t politicize trade disputes, says China´s former deputy trade minister

All nations should avoid politicizing trade protectionism as it will lead to eye-for-an-eye retaliation and unreasonable trade wars, China´s former deputy trade minister Long Yongtu has said.