China Securities Journal says yuan is unlikely fall further significantly

I can't believe they didn't post it to the Trade ideas Thread, but there you go

Headlines via Bloomberg … I'll check out if there is much further detail/elaboration

Here we go, the piece is reporting comments from unnamed analysts, says :

• Yuan unlikely to fall to 7 against USD
• As China's economy is sound, there is no risk of a substantial slowdown
• China will intervene to stabilise the yuan if necessary