November 27, 2017 / 12:16 PM / in a year

Chinese yuan stable and at 'acceptable level': PM

FILE PHOTO: Chinese Premier Li Keqiang attends the China-CEEC Economic and Trade Forum in Budapest, Hungary November 27, 2017. REUTERS/Laszlo Balogh

BUDAPEST (Reuters) - China's yuan currency CNY= is stable and at an acceptable level despite volatility in global markets, Premier Li Keqiang said on Monday.

“In the next five years China wants to import $5 trillion worth of goods. Our investments will total $700 billion,” he told a news conference during the sixth Summit of Heads of Government of Central and Eastern European countries and China.

“That is naturally coupled with appropriate reserves and a stable currency that is at an acceptable level despite volatility in international markets,” he added.

Reporting by Gergely Szakacs and Marton Dunai; editing by Mark Heinrich

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below