More on the People’s Bank of China's yuan comments - depreciation coming?

MNI with a little more on the PBOC's earlier comments, and a useful insight:

• The People's Bank of China ... notes that some emerging economy currencies have depreciated against the U.S. dollar
• "But the Chinese yuan has remained firm, which has brought certain pressure on our exports"
• Say that "Appropriately, money and credit growth will therefore provide a bigger support to domestic demand"

MNI add:

• The PBOC is under increasing pressure from within the bureaucracy to allow for yuan depreciation to help exporters