china: news and opinion

No currency swap exercised yet between HK, mainland for liquidity shortage: central bank governor

The mainland and Hong Kong have not been forced to use the currency pool, which is a result of a currency swap agreement between the two sides, China's central governor Zhou Xiaochuan said in Beijing Friday. The Chinese mainland and Hong Kong... ...full story at People's Daily

from People's Daily on Fri, Mar 06 2009

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20 Jan 09		Chinese mainland, HK sign currency swap agreement » People's Daily The mainland and Hong Kong signed Tuesday a three-year currency swap deal worth 200 billion yuan (28.6 billion U.S. dollars). The move by the central government is aimed to help stabilize the Hong Kong economy and its currency. ...
20 Jan 09		Chinese mainland, HK sign currency-swap pact » People's Daily The Monetary Authority of Hong Kong (HKMA) signed a currency-swap agreement with the People's Bank of China, or the country's central bank, here Tuesday. The currency-swap pact was one of the 14 measures in seven areas the Chinese central government...
06 Mar 08		Mainland willing to facilitate cross-Straits currency exchange » People's Daily The Chinese mainland is willing to provide more convenience in currency exchange for people on both sides of the Taiwan Straits, central bank governor Zhou Xiaochuan said Thursday. Although there is no direct currency exchange betwe ...
06 Mar 09		Cross-Strait financial cooperation to be deepened: central bank governor » People's Daily Financial cooperation between the Chinese mainland and Taiwan will go through similar development and practice in the future as that between Hong Kong and the mainland, the country's central bank governor Zhou Xiaochuan said in Beijing Friday. ...
06 Mar 09		Policy for settlement of HK-mainland trade in yuan coming soon: central bank governor » People's Daily China is expected to soon issue a policy facilitating settlement in yuan for trade between Hong Kong and the mainland, the country's central bank governor Zhou Xiaochuan said in Beijing Friday. "It won't be long before the policy can be made...

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