Brussels, 13/11/2007 (Agence Europe) - On Monday 12 November, Jean-Claude Juncker, said there was very little to add to previous statements on the euro exchange rate policy. He simply repeated the standard G7 mantra that interest rates had to reflect economic fundamentals and erratic shifts were undesirable for growth. Ahead of the visit to China by Juncker, Trichet and Almunia on 27 November 2007, the message to be relayed to the Chinese is becoming clearer but has not been made explicit. The chair of the Eurogroup, Jean-Claude Juncker, said after the meeting that there were excellent reasons for the EU and China to have a structured, permanent macroeconomic dialogue. He remained prudent about what could be expected from the upcoming meeting, describing it as important. We are not going to China to lecture them rather but to explain things better and discuss changes in the EU and Chinese economies, he explained. Juncker said they would obviously be addressing exchange rate issues but refused to be drawn on details. Less miserly in terms of commentary, and defying the tight-lipped policy urged on eurozone ministers by Juncker, the French finance minister, Christine Lagarde, said that a re-evaluation of the Chinese currency, the yuan, would probably do everyone good. At a different press conference, she said the Eurogroup had agreed that it was probably very useful for everyone, including the Chinese, to see a re-focussing of Chinese growth towards its domestic market, along with a re-evaluation of the yuan. (A.B.)