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China Listens?

Reuters ENLARGE PHOTO +
Yuan banknotes are seen in this illustrative photograph taken in Beijing September 19, 2010. China will not repeat Japan's mistake of the 1980s and let its exchange rate surge in response to foreign pressure, Li Daokui, an adviser to the People's Bank of China, said on Sunday. REUTERS/Petar Kujundzic (CHINA - Tags: BUSINESS)
Reuters

Politburo calls for switch to "prudent" monetary policy.

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