China governor says to increase yuan's flexibility

BEIJING, July 10 Thu Jul 10, 2014 12:18am EDT

BEIJING, July 10 (Reuters) - China's central bank governor Zhou Xiaochuan said on Thursday that the government would increase the flexibility of the yuan currency and reduce market intervention.

He was speaking on the sidelines of annual high-level talks between China and the United States.

(Reporting by Kevin Yao; Writing by Ben Blanchard; Editing by Kim Coghill)