Ma Delun
Ma Delun
dollar further longer official yuan
The yuan is no longer pegged to the US dollar and will not see further official adjustment.
adjustment rely
So there is no need to rely on administrative adjustment any more.
cause large price quantities sell
If we sell large quantities of U.S. treasuries, it would cause the price to plunge. We're not going to do that.
active easier economy-and-economics manage market
The more active the market is, the easier it is for us to manage the economy.