SED set to sidestep yuan strength

Bilateral meet to discuss high-tech export controls, protectionism

BEIJING - China's currency policy is unlikely to be a major issue at next week's high-level dialogue between Chinese and the US officials as pushing too hard over yuan appreciation would do little to break the stalemate, a central bank adviser said.

"Despite mounting pressure for a stronger yuan in the past few months, officials from both sides are expected to play down the currency issue during the meeting, leaving more leeway for China to decide the fate of its own currency," Li Daokui, a member of the central bank's monetary policy committee, told China Daily on Wednesday.