[Photo: Courtesy]China has said that its currency will remain stable despite heightened trade war with United States. Premier Li Keqiang told his audience of global executives and policy makers that China is not going to devaluate its currency to boost business with the rest of the world. President of the United States, Donald Trump had targeted to impose $267 billion of Chinese goods with tariffs. Li says that undervaluing the currency will not be the target of hitting back on the super power during the World Economic Forum in Tianjin, China. ‘’China will work to create conditions for keeping the value of the yuan stable," Li said on Wednesday.

Source: Standard Digital September 29, 2018 09:33 UTC