To bring down the high savings rate in China calls for a more comprehensive therapy which combines domestic reform and international efforts, than a simple change of exchange rate, said central bank governor Zhou Xiaochuan in his recent essay. Though... ...full story at People's Daily
from People's Daily on Thu, Mar 26 2009
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| 07 Mar 08 |
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Thursday March 6 International Economic Edition »
YouTube video China Central Bank governor exclaimed China had room for interest rate hikes. China CPI 7.1% for January - 11 yr high. 83% of last years CPI gains came from increases of food prices in China. Thermal Coal and coking coal prices may rise 30% this year... |
| 06 Mar 08 |
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Central bank governor voices room for China's interest rate increase » People's Daily China's central bank governor Zhou Xiaochuan said Thursday there is room for interest rate increase, but domestic and international factors need to be considered before an adjustment. "There's certainly room for interest rate rise," ... |
| 20 Nov 07 |
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Exchange rate could become more flexible » People's Daily China may make its exchange rate more flexible and, if necessary, consider widening the yuan's trading band, central bank governor Zhou Xiaochuan has said. But any change in the yuan's floating band will depend on the global economic sit ... |
| 06 Mar 09 |
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China has multiple plans in case of worse financial crisis impact: central bank governor » People's Daily China has multiple plans to prepare itself for further negative impact of the global financial crisis, said Zhou Xiaochuan, governor of China's central bank, Friday. China's long-held policy of keeping the Renminbi exchange rate "basically stable... |
| 17 Dec 08 |
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Further interest rate cuts likely » People's Daily China will face pressure to cut interest rates until the beginning of next year, Zhou Xiaochuan, governor of the People's Bank of China (PBOC), the central bank, said yesterday. "From now until the beginning of next year is full of interest rate cut... |
| 30 Mar 09 |
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Chinese central bank governor calls for financial reforms » People's Daily Chinese Central Bank Governor Zhou Xiaochuan on Saturday urged for international financial reforms in the face of the global economic downturn. Zhou made the remarks in the Colombian city of Medellin where he is attending a five-day Inter-American... |