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Bank of Japan Gov. Toshihiko Fukui will conduct a two-day visit to China beginning Friday, the BOJ said Thursday.

Fukui will exchange views with officials of the People’s Bank of China, according to the BOJ. While he is in Beijing, Fukui is expected to discuss the relaxation of capital controls by Chinese monetary authorities.

The BOJ plans to open its representative office in Beijing by the end of the year.

The visit comes at a time when China is under pressure to relax its grip on the yuan, which is pegged in a narrow range around 8.28 to the dollar.

Critics say this arrangement keeps the currency at an unfairly undervalued level.

In a related move Tuesday, Finance Minister Sadakazu Tanigaki and Chinese Ambassador to Japan Wu Dawei agreed to exchange information on the yuan.

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