Bloomberg (Free subscription) | 20/11/2009
Nov. 19 (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, rebuffing criticism that the government is devaluing the yuan.
Bloomberg (Free subscription) | 07/11/2009
Nov. 6 (Bloomberg) -- Chinese central bank Governor Zhou Xiaochuan said he doesn’t think his country is facing too many foreign demands to let the yuan strengthen, deflecting calls from Europe and Japan to do just that.
konaxis.net | 15/10/2009
Chinese central bank Governor Zhou Xiaochuan said currency stability was the most important goal of monetary policy as exporters called on the government to delay appreciation of the yuan, reported Bloomberg. China must stick to a moderately loose monetary stance, use policy tools flexibly and control inflation to keep the yuan stable, Zhou said Wednesday. China has stalled the
1913 Intel (Free subscription) | 24/11/2009
Bo Xilai Chen Deming Dong Mingzhu Hou Weigui Hu Jintao Li Ning Robin Li Li Shufu Justin Lin Liu Chuanzhi Liu Mingkang Lou Jiwei Lu Chuan Jack Ma Pony Ma Ma Weihua Ren Zhengfei Shi Zhengrong Song Hongbing Wang Chuanfu Wang Jianzhou Wang Qishan Wang Shi Wang Yang Wei Jiafu Wen Jiabao Wu Gang Xi Jinping Xia Deren Andy Xie Xu Xiaonian Yao Ming Don Ye Yue Minjun Zhang Qingwei Zhang Ruimin Zhang Ziyi Zhou...
China Financial Markets (Free subscription) | 26/11/2009
... more or less confirmed in an interesting but perhaps little noticed speech last week by Governor Zhou. According to an article in Reuters , China needs to maintain a certain spread between deposit and lending rates in order for banks to be able to support the economy, Zhou Xiaochuan, the governor of the People’s Bank of China, said on Friday. The central bank sets a ceiling...
People Daily (Free subscription) | 23/11/2009
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. "China needs to maintain a certain gap between deposit and lending rates so that banks can profit from providing financing to the economy," Zhou said on Friday at the Business...
People Daily (Free subscription) | 20/11/2009
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 (PBOC) said Friday. He told the 2009 Business Week CEO Forum in Beijing that low interest rates would reduce pressure on financial institutions, removing incentives to actively provide financial...
Law Blog - WSJ.com (Free subscription) | 20/11/2009
PBOC Chief Zhou Xiaochuan said China is making progress on stimulating domestic demand and the central bank was closely following housing demand, which is robust.
2point6billion.com (Free subscription) | 20/11/2009
... new asset bubbles in global economies and markets is rising. The governor of China’s central bank, Zhou Xiaochuan, said that the country must remain vigilant against excessive production capacity Bloomberg reported. The MSCI Asia Pacific Index has climbed 66 percent since March amid signs the global economy is recovering from its worst slowdown since World War II. The measure is valued...
The Skeptical Speculator (Free subscription) | 13/11/2009
... dollar risks causing an asset bubble. As recently as Nov. 9, People’s Bank of China Governor Zhou Xiaochuan said he didn’t feel much pressure to let the yuan rise, deflecting calls for an increase as exports start to recover and President Barack Obama prepares to discuss the issue in Beijing next week. China’s stance risks adding to liquidity after credit surged...
Indian Express (Free subscription) | 18/11/2009
... currencies including the euro and yen, has declined 8% this year. China’s central bank governor Zhou Xiaochuan has advocated a greater use of SDRs and called for a “super- sovereign reserve currency.” India has also called for a replacement for the dollar as the main reserve currency after the financial crisis sparked by the collapse of the US mortgage market led to the worst global...
Blowin' In The Wind (Free subscription) | 13/11/2009
... editor William Keller and the Al-Jazeera director-general Wadah Khanfar. Chinese central banker Zhou Xiaochuan is outranked by his American, European and Japanese counterparts. Both Hillary and Bill Clinton appear on the list --- the only couple to do so. Religious figures on the list include the Pope, the Dalai Lama and the Shia Grand Ayatollah Ali Hoseini-Khamenei of Iran. North...
Bloomberg (Free subscription) | 07/11/2009
... policy and how to fund the fight against climate change. While Chinese central bank Governor Zhou Xiaochuan said he doesn’t think his country is facing too many foreign demands to let the yuan strengthen, Japan said a more flexible currency would be desirable and the International Monetary Fund said the currency is “significantly undervalued.” The G-20 also failed to reach an agreement...
Xinhuanet (Free subscription) | 07/11/2009
... assessment process to evaluate whether policies would collectively deliver the agreed objectives. Zhou Xiaochuan (R), governor of the People's Bank of China (the central bank), talks to his South African counterpart Gill Marcus after the G20 Finance Minister and Central Bank Governor Meeting in St. Andrews, Britain, Nov. 7, 2009. (Xinhua/Zeng Yi) So they agreed to set out national...
caligula's gallimaufry (Free subscription) | 03/11/2009
... 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 projects, especially as foreign banks...
