41.   The yen was also hurt by declines in other Asian currencies against the dollar amid rumors China may soon decide to devalue its yuan, dealers said.

42.   Top Chinese leaders have promised not to devalue the yuan in the near future.

43.   Under Li, the administration tightened controls on foreign exchange to stop illegal outflows that were pressuring China to devalue the yuan.

44.   With a large foreign reserve and a trade surplus, China is under no economic pressure to devalue the yuan, Ms. Wu said.