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"China has never resorted to competitive devaluation," said Sheng, deputy head of Shanghai-based CEIBS Lujiazui Institute of International Finance. "The market plays the main role in determining the exchange rate of the RMB."
"California's doing its part,'' Governor Gavin Newsom told reporters when he visited the Gilroy shooting victims at the Santa Clara Valley Medical Center on Monday. "But the folks in the White House have been supporting the kinds of policies that roll back the work that we're doing in states like ours to get rid of large-capacity magazines, to address the issues that we're trying to advance on background checks."
"But that means that the market is reaching its bottom. Investors should avoid dumping shares of good companies," Yang said.
"China is willing to work with Japan to promote the steady development of bilateral relations on the right track," Yang said, adding that such developments should be guided by the consensus made by the two countries' leaders and should stick to the direction of "peace, friendship and cooperation".
"China is willing to share knowledge of advanced new energy technologies－including hydropower, photovoltaics and wind power－with other countries," he said.
来源：资阳报