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China Defends Yuan Policy as Europe Presses on Trade Surplus

China's central bank insists it has no need or intention to weaken the yuan for a trade advantage, pushing back as European officials intensify pressure over the country's swelling trade surplus.

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China's central bank insists it has no need or intention to weaken the yuan for a trade advantage, pushing back as European officials intensify pressure over the country's swelling trade surplus.

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