More remarks crossing from China's Premier Li Keqiang, he is speaking at a World Economic Forum event in Tianjin
- economy maintains steady growth, fundamentals healthy
- there are significant changes in external environment
- says difficulties in maintaining steady growth increasing
- China has ample policy tools to cope with difficulties and challenges
- Will keep macro-economic policies steady, will not resort to strong stimulus
- Will fine tune policies in pre-emptive way
- Won't devalue currency to stimulate exports
AUD getting a boost from the yuan comments … other currencies benefitting also, EUR/USD, gbp/usd. nzd/usd all a little better bid
