Ma Delun Quotations

I'd like to tell everyone, the next change in the (yuan exchange rate level) is happening everyday. Every hour it is going on.

If we sell large quantities of U.S. treasuries, it would cause the price to plunge. We're not going to do that.

So there is no need to rely on administrative adjustment any more.

The more active the market is, the easier it is for us to manage the economy.

The yuan is no longer pegged to the US dollar and will not see further official adjustment.

The next adjustment will come in the foreign exchange market.