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National People's Congress News

China eyeing markets to determine value, flexibility for yuan

Beijing - Speaking at a news conference, People's Bank of China Governor Zhou Xiaochuan explained that it will look to the markets to determine the value of the nation's yuan currency. It will also maintain a flexible policy to support credit growth.

China begins Parliament session

Beijing - China's Premier, Wen Jiabao, opened the last parliament session by announcing plans to cut China's economic growth target.

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