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News Analysis: China's trade strength rooted in competitiveness, not currency depreciation

NAMPA / Xinhua
2026-10-10
BEIJING, Oct. 10 (Xinhua) -- China has reaffirmed its stance on its foreign exchange policy amid increased discussions over the yuan's valuation, as solid facts and figures support the view that the country's export strength is rooted in its industrial competitiveness rather than currency valuation. China has neither the need nor the intention to gain trade advantages through currency devaluation, the People's Bank of China (PBOC) said in a po......
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