http://mynews.mychinab2b.com/Finance/rising-yuan-will-not-hurt-trade-say-bankers/ There is no foundation for the yuan to move sharply and China can maintain a flexible exchange rate mechanism, making the currency stand at a basically reasonable and balanced level, a senior central bank official said on Friday. Yi Gang, vice-governor of the People's Bank of China, said the pressure for yuan appreciation had eased as the value of the currency neared the equilibrium l... Fri, 30 Jul 2010 21:23:32 MDT en