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"We think an orderly and gradual appreciation of the renminbi would be in the best interests of China and of the global economy," said Luxembourg Prime Minister Jean Claude Juncker, who heads economic talks among the 16 countries that use the euro. Full Article at Macleans.ca
China's central bank governor, Zhou Xiaochuan, has cautioned that low interest rates, especially deposit rates, would remove pressures that force financial institutions to finance the real economy. Full Article at People's Daily Online
Governor of the People's Bank of China Zhou Xiaochuan, center, and his delegation arrive at the Treasury Department in Washington Tuesday, July 28, 2009, for meetings with Treasury Secretary Timothy Geithner at the U.S.-China Strategic and Economic Dial... View Photo »
China needs to maintain a certain gap between deposit and lending rates so that banks can profit from providing financing to the economy
BEIJING -- China is passive on the value of the U.S. dollar as the level doesn't affect the nation's economy, central bank Governor Zhou Xiaochuan said, rebuffing criticism that the government is devaluing the yuan. Full Article at China Post
LOW interest rates, especially the deposit rate, would discourage financial institutions from providing adequate financing to the real economy, Zhou Xiaochuan, governor of the People's Bank of China, said yesterday. Full Article at Shanghai Daily
“China is ‘passive’ on the value of the U.S. dollar, central bank Governor Zhou Xiaochuan said, signaling that policy makers aren’t yet prepared to loosen controls on the yuan.” Zhou: “We just watch the game. Full Article at The New Ledger
China's central bank governor Zhou Xiaochuan arrives at the International Monetary and Financial Committee (IMFC) meeting at IMF headquarters in Washington April 25, 2009. View Photo »
China is 'passive' on the value of the U.S. dollar, central bank Governor Zhou Xiaochuan said, signaling that policy makers aren't yet prepared to loosen controls on the yuan. 'It's like watching a tournament,' Zhou said... 'We just watch the game. Regardless who wins or loses, the issue of whether the ...
Nov. 20 (Bloomberg) -- China is “passive” on the value of the U.S. dollar as the level doesn’t affect the nation’s economy, central bank Governor Zhou Xiaochuan said, signaling that policy makers aren’t yet prepared to loosen controls on the yuan. Full Article at Bloomberg.com
Low interest rates would discourage financial institutions from providing adequate financing to the real economy, Zhou Xiaochuan, governor of the People's Bank of China (PBOC) said Friday. Full Article at People's Daily Online
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Governor of the People's Bank of China Zhou Xiaochuan, center, and his delegation arrive at the Treasury Department in Washington Tuesday, July 28, 2009, for meetings with Treasury Secretary Timothy Geithner at the U.S.-China Strategic and Economic Dialogue.
View Photo »China's central bank governor Zhou Xiaochuan arrives at the International Monetary and Financial Committee (IMFC) meeting at IMF headquarters in Washington April 25, 2009.
View Photo »Chinese central bank governor Zhou Xiaochuan (L) and Inter-American Development Bank (IADB) President Luis Alberto Moreno exchange greetings during a working session of the 50th IADB's general assembly in Medellin March 30, 2009.
View Photo »Handout photo released by the Colombian Presidency of Chinese Central Bank's governor Zhou Xiaochuan (L) as he shakes hands with Colombian President Alvaro Uribe in the framework of the 50th Inter-American Development Bank (IDB) annual meeting on March 29, 2009 in Medellin, Antioquia De...
View Photo »Zhang Ping (R), Chairman of the National Development and Reform Commission answers a question as Zhou Xiaochuan (L), governor of the People's Bank of China listens at a press conference of the annual National People's Congress (NPC) at the Great Hall of the People in Beijing on March 6,...
View Photo »Zhou Xiaochuan (L), governor of the People's Bank of China, Zhang Ping (C), head of the Chinese National Development and Reform Commission, and Finance Minister Xie Xuren wait for questions at a news conference during the National People's Congress (NPC) in Beijing March 6, 2009.
View Photo »Zhou Xiaochuan (L), governor of the People's Bank of China, and Zhang Ping, head of the Chinese National Development and Reform Commission, wait for questions at a news conference during the National People's Congress (NPC) in Beijing March 6, 2009.
View Photo »Zhou Xiaochuan, Governor of the People's Bank of China gestures during a press conference after he signed a trade financing agreement between China and Hong Kong in Hong Kong Monday, June 29, 2009.
View Photo »Zhou Xiaochuan, Governor of the People's Bank of China gestures during a press conference after he signed a trade financing agreement between China and Hong Kong in Hong Kong Monday, June 29, 2009.
View Photo »China's Central Bank Governor Zhou Xiaochuan attends the signing of a memorandum in Hong Kong June 29, 2009. Hong Kong on Monday said it hopes a scheme to allow bilateral trade with mainland China to be settled using the Chinese currency can start in July.
View Photo »China's Central Bank Governor Zhou Xiaochuan attends the signing of a memorandum in Hong Kong June 29, 2009. Hong Kong on Monday said it hopes a scheme to allow bilateral trade with mainland China to be settled using the Chinese currency can start in July.
View Photo »China's Central Bank Governor Zhou Xiaochuan speaks during the signing of a memorandum in Hong Kong June 29, 2009. Hong Kong on Monday said it hopes a scheme to allow bilateral trade with mainland China to be settled using the Chinese currency can start in July.
View Photo »Zhou Xiaochuan, Governor of the People's Bank of China, left, and Joseph Yam, chief executive of the Hong Kong Monetary Authority shake hands after they signed a supplementary memorandum of co-operation, to prepare for the "renminbi" (people's currency) trade settlement between Hong Ko...
View Photo »Zhou Xiaochuan, Governor of the People's Bank of China, left, and Joseph Yam, chief executive of the Hong Kong Monetary Authority shake hands after they signed a supplementary memorandum of co-operation, to prepare for the renminbi trade settlement between Hong Kong and mainland China i...
View Photo »China's central bank governor Zhou Xiaochuan awaits the start of the International Monetary and Financial Committee (IMFC) meeting at IMF headquarters in Washington April 25, 2009.
View Photo »China's central bank governor Zhou Xiaochuan awaits the start of the International Monetary and Financial Committee (IMFC) meeting at the IMF and World Bank Spring Meetings in Washington April 25, 2009.
View Photo »Zhou Xiaochuan, head of the China Central Bank, takes his seat as delegates arrive for the International Monetary and Financial Committee (IMFC) Meeting April 25, 2009 at the IMF-World Bank Spring Meeting in Washington, DC.
View Photo »Chinese central bank governor Zhou Xiaochuan smiles before a working session of the 50th Inter-American Development Bank's (IADB) general assembly in Medellin March 30, 2009.
View Photo »Chinese central bank governor Zhou Xiaochuan speaks before a working session of the 50th Inter-American Development Bank's (IADB) general assembly in Medellin March 30, 2009.
View Photo »Chinese central bank governor Zhou Xiaochuan smiles before a working session of the 50th Inter-American Development Bank's (IADB) general assembly in Medellin March 30, 2009.
View Photo »Chinese central bank governor Zhou Xiaochuan gives a speech before a working session of the 50th Inter-American Development Bank's (IADB) general assembly in Medellin March 30, 2009.
View Photo »Chinese Central Bank Governor Zhou Xiaochuan speaks with a reporter before a work session during the 50th Inter-American Development Bank's general assembly in Medellin March 30, 2009.
View Photo »Chinese Central Bank Governor Zhou Xiaochuan gestures before a work session during the 50th Inter-American Development Bank's general assembly in Medellin March 30, 2009.
View Photo »China's Central Bank Governor Zhou Xiaochuan awaits the beginning of a working session during the 50th Inter-American Development Bank (IDB) annual meeting on March 30, 2009 in Medellin, Antioquia department, Colombia.
View Photo »Chinese Central Bank Governor Zhou Xiaochuan (front) arrives before the 50th Inter-American Development Bank's general assembly in Medellin March 28, 2009.
View Photo »China's central bank governor Zhou Xiaochuan arrives at the International Monetary and Financial Committee (IMFC) meeting at IMF headquarters in Washington April 25, 2009.
View Photo »China needs to maintain a certain gap between deposit and lending rates so that banks can profit from providing financing to the economy
China is 'passive' on the value of the U.S. dollar, central bank Governor Zhou Xiaochuan said, signaling that policy makers aren't yet prepared to loosen controls on the yuan. 'It's like watching a tournament,' Zhou said... 'We just watch the game. Regardless who wins or loses, the issue of whether the ...
Even after the Asia financial crisis, when we adopted proactive fiscal policies, we maintained a prudent monetary policy stance
China's economic growth has enabled the nation to have a greater voice internationally, the state- run Xinhua News Agency cited central bank Governor Zhou Xiaochuan as saying. China will play a bigger role in representing the interests of developing economies in international issues, Zhou was cited as s...
China will consider inflation, economic growth, employment and the international balance of payments when trying to maintain currency stability
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