Chinese President Xi Jinping chairs and addresses the leaders' roundtable during the second Belt and Road Forum in Beijing. Photos: Xinhua
Chinese President Xi Jinping chairs and addresses the leaders' roundtable during the second Belt and Road Forum in Beijing. Photos: Xinhua

Xi Jinping seeks to ease currency war fears as China and US near trade deal

  • Chinese president says country ‘will not engage in any beggar-thy-neighbour’ devaluation
  • Market will be allowed to play ‘decisive’ role in setting yuan exchange rate, while keeping it ‘basically stable’

Chinese President Xi Jinping chairs and addresses the leaders' roundtable during the second Belt and Road Forum in Beijing. Photos: Xinhua
Chinese President Xi Jinping chairs and addresses the leaders' roundtable during the second Belt and Road Forum in Beijing. Photos: Xinhua
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