She compared the new policy to China 's currency policy in late 1994 , when Beijing first pegged the yuan to the dollar and then allowed it to crawl upward by a small fraction of 1 percent each trading day .
Beijing
China
/location/administrative_division/country
China
Beijing
/location/country/capital
China
Beijing
/location/location/contains
China
Beijing
/location/country/administrative_divisions
LOCATION
China
LOCATION
Beijing