china: news and opinion

China Journal Wrap: Universal Currency, A Border Town Under the Gun

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. ...full story at China Journal

from China Journal on Tue, Mar 24 2009

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29 Apr 08		A Lesson in Chinese Currency » YouTube videoToday Renminbi, translated literally is "People's Currency". Renminbi, abbreviated to RMB, is the currency in mainland of the People's Republic of China. Watch more videos and free Chinese language lessons on my website: www.VideoTravelBook.com
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...
29 Jun 09		China Journal Wrap: Renewed Calls for Global Currency, Warning on Bank Loans » China Journal 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.
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.
06 Mar 09		No currency swap exercised yet between HK, mainland for liquidity shortage: central bank governor » People's Daily 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...
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 ...

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