China Wholesale Blog

BEIJING, Dec. 4 (Xinhua) -- The recent depreciation of China's currency against the U.S. dollar was normal and China won't rely on a weaker yuan to boost exports, Commerce Minister Chen Deming said on Thursday.

"The recent small fluctuation of the yuan against the dollar was completely normal. I'd call it the dollar strengthening, rather than the yuan depreciating," Chen told reporters at the fifth China-U.S. Strategic Economic Dialogue (SED).
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Li Shuo will never forget what she did this summer.

"I was part of the Olympics," the 20-year-old student from the Beijing University of Chinese Medicine said.

Li was not an athlete taking part in the Games, but did what many would also think was equally meaningful - serving as a volunteer for her Olympic host city.
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