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✉news WorldEU Politics first seen 1 d ago, last 1 min ago, peak #1

China Central Bank Defends Currency Policy Before EU Trade Talks

China's central bank has issued a defense of its currency policy just ahead of scheduled trade talks between Beijing and the European Union. The intervention signals that exchange-rate management is expected to feature in the discussions, with Chinese officials pushing back against criticism of how the yuan is managed. The remarks come as both sides prepare to negotiate on trade frictions.

Why now: The statement lands right before EU-China trade negotiations, making currency policy a live talking point.

People's Bank of ChinaChinaEuropean Union

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