<a href=’http://news.xinhuanet.com/english/china/2014-04/25/c_126431888.htm’ target=’_blank’>Conditions exist for yuan’s two-way fluctuation: official</a>

Conditions for the two-way fluctuation of the Chinese currency’s exchange rate are already in place and there is no need to overreact to the yuan’s depreciation since mid February, an official said on Thursday.