China's vice president says no plan to devalue yuan: Bloomberg

China's vice president told Bloomberg News on Thursday that his government has no intention of devaluing the yuan. "The fluctuations in the currency market are a result of market forces, and the Chinese government has no intention and no policy to devalue its currency," Li Yuanchao told Bloomberg in an interview on the sidelines of the World Economic Forum's annual meeting in Davos, Switzerland. Li, who is also a member of the Communist party's Politburo, also put the blame for the volatility in