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Strategies & Market Trends : Asia Forum
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To: Bosco who wrote (5425)8/11/1998 3:57:00 AM
From: Michael Sphar  Read Replies (3) of 9980
 
<<China's top leaders have vowed repeatedly to keep the yuan stable, since a devaluation could spark a new round of falls in Asian currencies and jolt already weak economies.
But they have also hinted that Beijing's will to resist a devaluation would depend on Japan's ability to keep the yen from depreciating further.>>

Good to know where they put their trust, faith, and confidence...
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