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Directory Of Year 1998, Issue 41
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Current Location:English » 199841 » China Keeps Its Promise: The RMB Won't Depreciate
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China Keeps Its Promise: The RMB Won't Depreciate

Year:1998 Issue:41

Column: NATIONAL REPORT

Author: Our Guest Reporters Lu Liqin and Li Huilian

Release Date:1998-10-12

Page: 14-16

Full Text:  

Since the Southeast Asia financial crisis began last year, the Chinese government has kept its promise that the Renminbi (RMB) will not be devalued. Due to the fact that China has kept its word,...

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