Though the renminbi has since returned to its previous trajectory of slow appreciation, the episode may have signaled a permanent change in the pattern of the exchange rate's movement.
The agenda for Chinese Vice-President Xi's visit to Washington will be packed with discussion of important issues.
Xi's US visit will play a positive role in advancing Sino-US relations and a healthy and mutually beneficial partnership.
China's government will not sit by and will retaliate in kind against the United States if a measure targeting the yuan becomes law, said the Ministry of Commerce.
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