Oh really, where did you hear that? Frankly I doubt it seeing that for the last 13 years, even when it was very painful for them (during the ASIAN crisis of the mid 90's) they kept their currency pegged to the dollar. A very advantages strategy for them I may add and am sure the Japanese and Koreans are envious.
China�s only motivation now if for growth. They want to be the domineering power in ASIA. They have discovered that were Maoism has not worked Capitalism works. Look at Taiwan, for years they have been trying to absorb Taiwan � now slowly and stealthily they have made Taiwan dependant on them for their commercial needs. In the end Taiwan will be recognized as being part of China. If they were to change their currency now and peg it to a basket of currencies they will loose the advantage they now have in competing with the Koreans and Japanese on a level playing field.