China Headlines $CNY-Obama said he “thinks” WTF??? China is serious about its pledge for greater FX flexibility

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· China Yuan - the PBOC sets a record high fixing for the yuan today, although the currency  actually falls slightly - the country's central bank set the dollar-yuan central parity rate at  another record low of 6.7890, down from the previous low of 6.7896 on Friday. However,  the yuan actually ticked up small – DJ
· China insists its yuan shift didn’t come about as a result of int’l pressure on the country  (DJ)
· China’s ministry of commerce tells reporters that exports from his country will slow this  year b/c of the rising yuan – Bloomberg
· China – Economy still faces a “complicated situation” but is rebounding, Vice Premier L.  Keqiang said. Bloomberg
· Global companies increasing seek China listing – the London Stock Exchange and Seaspan  are among the firms that are considering a Shanghai listing – Bloomberg
· China – Obama said he “thinks” WTF??? China is serious about its pledge for greater FX flexibility and
believes the yuan will rise “significantly” (Reuters)