The floating exchange rate system is the worst possible system, except for all the others,

This flexible mechanism, this managed floating regime, will allow us to adjust the yuan exchange rate flexibly in the future.

The industry has had a caning over the exchange rate.

Solitude is not the same as loneliness. Solitude is a solitary boat floating in a sea of possible companions.

We need to be very cautious about large fluctuations in the exchange rate.

The U.S. berates China for its exchange rate policy, which Washington doesn't like. But one-sided pressure on China to change its exchange rate is misplaced.