Bloomberg (Free subscription) | yesterday
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.
Bloomberg (Free subscription) | yesterday
... 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) | yesterday
... 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...
Circle of 13 (Free subscription) | 04/11/2009
... role of the U.S. dollar be changed'Morrison Bonpasse: As the Chinese Central Bank Governor, Zhou Xiaochuan, stated last spring when proposing a new global reserve currency, it no longer makes sense for the currency of one nation to have such a primary role as the U.S. dollar.This statement echoes former Federal Reserve Chair Paul Volcker's wise refrain, "A global economy requires...
What Really happened (Free subscription) | 02/11/2009
China has been in the vanguard, with Zhou Xiaochuan, central bank governor, calling for the creation of a new super-sovereign currency. Zhou said in March that the role could be filled by the so-called special drawing right, a basket of currencies used as a unit of account by the International Monetary Fund.
