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Last updated at: (Beijing Time) Saturday, January 12, 2002

FM Spokesman on Devaluation of Japanese Yen

China hopes the Japanese government will assume a responsible attitude and prevent the depreciation of currencies in the rest of Asia because of the devaluation of the Japanese yen, said a Chinese Foreign Ministry spokesman here Friday.


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China hopes the Japanese government will assume a responsible attitude and prevent the depreciation of currencies in the rest of Asia because of the devaluation of the Japanese yen, said a Chinese Foreign Ministry spokesman here Friday.

Spokesman Sun Yuxi made the remark when asked to comment on therecent yen devaluation by a big margin.

Sun said that Japan is Asia's biggest economy with a strong economic strength. The continued devaluation of the Japanese yen will have an adverse impact on the economic development and financial stability in Asia, he said.




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