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