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China's Central Bank Defends Currency Policy Ahead of EU Trade Talks

Original: China Central Bank Defends Currency Policy Before EU Trade Talks

China's central bank has publicly defended its currency policy in the run-up to trade talks with the European Union, pushing back against criticism of how the yuan is managed. The statement signals Beijing's effort to shape the negotiating environment before officials meet, with currency management likely to feature among the points of friction between the two trading partners.

Why now: The remarks come immediately before EU-China trade negotiations, making currency policy a live point of contention.

People's Bank of ChinaChinaEuropean Union

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• China Central Bank Defends Currency Policy Before EU Trade Talks · Bloomberg.com
• China Central Bank Defends Currency Policy Before EU Trade Talks · Bloomberg.com

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