Japan welcomes China's effective yuan revaluation

Japan welcomes China's effective yuan revaluation

TOKYO, Japan - Hiroshi Watanabe, Japanese vice minister of finance for international affairs, speaks with journalists at the Finance Ministry late July 21 on China's revaluation of the yuan. He indicated the government will intervene in the markets if the yuan's revaluation prompts the yen to sharply rise against the dollar. (Kyodo)

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