Link: Xinhua - English.
"The government has no intention at all to change the Linked Exchange Rate system, which has served Hong Kong well for more than 21 years and has been the anchor of our economic stability," ...
"Hong Kong's financial and monetary systems are well established and well prepared for changes of this kind," ...
A stronger renminbi will also raise the purchasing power of mainland consumers and this is likely to benefit Hong Kong's exports to the mainland.
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