Xinhuanet (Free subscription) | 07/11/2009
G20 policymakers agreed to maintain support for the recovery until it is assured in order to restore the global economy and financial system to health, according to the communique released after the two-day G20 Finance Minister and Central Bank Governor Meeting ended here on Saturday afternoon.
People Daily (Free subscription) | 06/11/2009
Yesterday, at the Fifth Beijing International Finance Expo opening at the Beijing Exhibition Hall, nearly 130 financial institutions attended. Guo Qingping, assistant governor of People's Bank of China (PBC, China's central bank), stated at the opening ceremony that the central bank would maintain the moderately loose monetary policy , reasonably adequate liquidity, and enhance the sustainability...
People Daily (Free subscription) | 06/11/2009
Chinese shares opened higher Friday, with the benchmark Shanghai Composite Index up 0.67 percent to open at 3,176.14 points. The Shenzhen Component Index added 0.72 percent to open at 12,994.51 points. China would continue to adhere to the moderately easy monetary policy and endeavor to promote the stable development of the financial system, Guo Qingping, assistant governor of the ...
caligula's gallimaufry (Free subscription) | 03/11/2009
... Shanda has called for a Chinese “Marshall Plan” to boost demand for Chinese goods. A governor of the People’s Bank of China, Zhou Xiaochuan, has argued for establishing a supra-sovereign wealth fund to invest in the developing world. It is an idea born of opportunism and necessity. The opportunism arises from the difficulties the emerging world has in financing infrastructure...
