BEIJING (Reuters) - China's yuan exchange rate is within a "basically reasonable level," and it is not the root cause of the China-U.S. trade imbalance, Commerce Minister Chen Deming said in remarks published on Monday.
"If China shows an overall trade balance with other countries but only sees a relatively big trade imbalance with one particular country, that means it is not a result of an exchange rate issue," Chen said in an interview during the G20 Cannes summit.
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