Officials gave no indication Friday that Beijing would accelerate moves to revalue the Chinese yuan, as regional currency traders shrugged off a prediction by U.S. Treasury Secretary John Snow that China would take such action within six months. Speaking to a conference in Seoul, South Korea, China's central bank governor, Zhou Xiaochuan, said reforms would remain gradual. "We should go further to reform, but respect economic stability," Zhou said, citing the economy's strong reliance on exports for growth. He added that "timing is important for the government to resolve problems." Zhou did not refer directly to the controversy over its controls on the yuan, which Beijing has kept at a rate of about 8.28 per U.S. dollar since 1994. U.S. officials are pushing for a revaluation, arguing that the yuan is undervalued, giving Chinese exporters an unfair price advantage.