A man takes a nap on a street at a shopping area in downtown Shanghai January 19, 2010. Yi Gang, the People's Bank of China (PBOC) vice governor, was quoted by the official Securities Times as saying that China's consumer price index and produce price index would see only moderate...

Shoppers walk near a new mall under construction in a main shopping area in downtown Shanghai January 19, 2010. Yi Gang, the People's Bank of China (PBOC) vice governor, was quoted by the official Securities Times as saying that China's consumer price index and produce price index would...

A migrant construction worker (R) checks his mobile phone as an office worker speaks on his mobile phone in a shopping area in downtown Shanghai January 19, 2010. Yi Gang, the People's Bank of China (PBOC) vice governor, was quoted by the official Securities Times as saying that China's...

AP Photo 7 months ago

Federal Reserve Chairman Ben Bernanke, left, shake hands with Governor of the People's Bank of China Zhou Xiaochuan before a meeting with China's Vice Premier Wang Qishan, center, at the conclusion of the U.S.-China Strategic and Economic Dialogue, in Washington, Wednesday, July 29, 2009.

A worker welds steel frames at a construction site of a railway bridge in Zhengzhou, Henan province December 17, 2009. China will contribute more than half of world gross domestic product (GDP) growth in 2009 and will continue to lead global growth in coming years, Zhu Min, a vice...

A worker walks on scaffolding at a construction site in Suining, Sichuan province December 8, 2009. China is experiencing a clear V-shaped economic recovery, Zhu Min, vice-governor of the People's Bank of China, was cited as saying on Tuesday. Picture taken December 8, 2009.

A migrant construction worker walks to carry sand bags into a restaurant under renovation in central Shanghai October 23, 2009. China's corporate goods price index in September dropped 5.9 percent from a year earlier, compared with August's fall of 7.1 percent, the People's Bank of...

A paramilitary policeman carries a boy back from school on his bicycle in central Shanghai October 23, 2009. China's corporate goods price index in September dropped 5.9 percent from a year earlier, compared with August's fall of 7.1 percent, the People's Bank of China said on Thursday.

Workers paint on a wall in central Shanghai October 23, 2009. China's corporate goods price index in September dropped 5.9 percent from a year earlier, compared with August's fall of 7.1 percent, the People's Bank of China said on Thursday.

A woman eats an orange next to a stand displaying counterfeit sunglasses for sale in central Shanghai October 23, 2009. China's corporate goods price index in September dropped 5.9 percent from a year earlier, compared with August's fall of 7.1 percent, the People's Bank of China said...

A bicycle loaded with empty water bottles is seen parked on a sidwalk in central Shanghai October 23, 2009. China's corporate goods price index in September dropped 5.9 percent from a year earlier, compared with August's fall of 7.1 percent, the People's Bank of China said on Thursday.

AP Photo 11 months ago

In this photo released by Colombia's Presidential Press Office, Colombia's President Alvaro Uribe, right, shakes hands with Zhou Xiaochuan, the governor of the People's Bank of China, at the annual Inter-American Development Bank meeting in Medellin, Colombia, Sunday, March 29, 2009.

AP Photo 12 months ago

In this Nov. 27, 2008 file photo released by China's Xinhua News Agency, a Chinese flag flutters in front of the headquarters of the People's Bank of China (PBOC) in Beijing. China is calling for a new global currency to replace the dollar, showing its growing assertiveness on economic...

AP Photo 7 months ago

Treasury Treasury Timothy Geithner, left, hosts a meeting of the U.S.-China Strategic and Economic Dialogue with China's Vice Premier Wang Qishan, center, Tuesday, July 28, 2009, at the Treasury Department in Washington. They are joined by Governor of the People's Bank of China Zhou...

AP Photo 7 months ago

Secretary of State Hillary Rodham Clinton, third from right, and Treasury Secretary Treasury Timothy Geithner, second from right, host the first joint meeting of the U.S.-China Strategic and Economic Dialogue in Washington, Monday, July 27, 2009. From right are: Labor Secretary Hilda...

A building worker mixes cement at a new construction site in Beijing's financial district June 2, 2009. China's economy has seen signs of improvement but still faces considerable downward pressure, the People's Bank of China said last week, adding that the global economic crisis was...

Getty Images 12 months ago

A customer exchanges USD notes at a bank in Beijing on March 24, 2009. China's central bank said it wants to replace the USD as the international reserve currency with a new system run by the International Monetary Fund (IMF). People's Bank of China Governor Zhou Xiaochuan wrote on the...