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To: Stoctrash who wrote (36500)10/5/1998 8:37:00 AM
From: CPAMarty  Read Replies (1) | Respond to of 50808
 
China Reiterates No Yuan Devaluation

LONDON, Oct. 05 (Standard & Poor's MMS) -

Asia

China: PBOC Dai Xianglong reiterated over the weekend that China has no plan to devalue the Yuan, but told officials in Washington that their steady foreign exchange policy had cost China a great deal. Not surprisingly he criticized the U.S. for not doing more to stabilize the financial system.