SHANGHAI SECURITIES NEWS

Yi Gang, vice governor of the People's Bank of China, said the country was not ready for full liberalisation of interest rates or foreign exchange rates, as the central bank shoulders most of the burden of exchange rate risk.

Toyota Motor's (7203.T) venture with China's FAW Group rolled out its first locally made SUV, an RAV4, last Friday priced at 189,800 to 264,300 yuan, while its venture with Guangzhou Automobile plans local production of its Highlander SUV in May.

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