11.   Pothipong said Thai exports might be affected if China devalues the yuan.

12.   Analysts had worried that the narrowing trade gap might pressure Beijing into devaluing the yuan to make Chinese products more competitive on world markets.

13.   Beijing has said repeatedly that it has no plans of devaluing the yuan.

14.   China insists it will not devalue the yuan, which is not convertible.

15.   China has been under pressure not to devalue the yuan in the fear that it may set off further economic turmoil.

16.   Chinese Foreign Minister Qian Qichen said China could find other means to enhance the competitiveness of its products and attract more foreign investors without having to devalue the yuan.

17.   China, meanwhile, assured Asean leaders that it will not devalue its yuan to maintain its competitiveness.

18.   Collapsing currencies in East Asian countries such as Indonesia and Thailand have spread fear that China will devalue the yuan to keep its exports competitive.

19.   Despite the policies and repeated pledges by Chinese leaders not to devalue the yuan, however, back-door pressures on the currency are mounting.

20.   Efforts to exploit foreign exchange loopholes increased amid fears that Beijing would devalue the yuan to support exports.