china: news and opinion

China Journal Wrap: Renewed Calls for Global Currency, Warning on Bank Loans

China once again made its case for the creation of a new international reserve currency that could reduce dependence on the dollar as the world's de facto reserve currency. ...full story at China Journal

from China Journal on Mon, Jun 29 2009

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11 Nov 09		cnn - dollar down - china calls for yuan global currency » YouTube
24 Mar 09		China Journal Wrap: Universal Currency, A Border Town Under the Gun » China Journal Esperanto for the global economy: The call for a new international reserve currency, articulated by Chinese central bank governor Zhou Xiaochuan, seems as idealistic as the quest to establish a universal language.
11 Nov 09		WB chief says China's yuan can be alternative reserve currency in 15 years » People's Daily With China's growth trend and Beijing's efforts to internationalize its currency, the Chinese yuan can develop into the alternative to the U.S. dollar as a global reserve currency in 15 years, World Bank President Robert Zoellick said Wednesday. ...
30 Mar 09		China Journal Wrap: Reassurances on the Dollar, A Non-Party Ministry Head » China Journal Just a contribution to the old debate: That’s how China’s ambassador the U.K. described central bank governor Zhou Xiaochuan’s recent comments in favor of an international reserve currency to replace the U.S. dollar.
31 Mar 09		Argentina supports China's proposal on new reserve currency » People's Daily Argentina's Central Bank President Martin Redrado said on Monday that his country supports China's proposal on creating an alternative global reserve currency to replace the U.S. dollar. "We have been talking (with China) that we clearly need to...
24 Mar 09		Zhou’s February Speech Hinted at Call for a Universal Reserve Currency » China Journal Zhou Xiaochuan, head of the People's Bank of China, raised eyebrows around the world on Monday with a call for a new reserve currency to replace the dollar as the world standard. It's not the first time Zhou has made such comments. A precedent can be...

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