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Zhou hints loose policy may go

Business | Macro-economy and policy
2009-10-17

CHINA'S central bank has given its first public indication that it is thinking about when to move away from the ultra-loose monetary policy it adopted a year ago to shield the economy from the global financial crisis. ...

Stability remains central bank's key goal

Business | Macro-economy and policy
2009-9-24

CENTRAL bank governor Zhou Xiaochuan said yesterday that currency stability remained a key goal, though economic development, employment and other factors are taken into consideration when setting monetary policy. ...

Yuan to stay stable against the dollar

Business | Macro-economy and policy
2009-7-6

THE yuan will remain stable against the United States dollar with the government maintaining its currency reserve policy. The local currency closed at 6.8333 against the dollar last Friday after it ended 6.8328...

Consumer expenditure flagged as a solution

Business | Macro-economy and policy
2009-7-4

THE People's Bank of China Governor, Zhou Xiaochuan, said yesterday that investment may be a "second-best" policy and excess savings should flow to developing countries. Zhou, speaking at the Global Think Tank...

Zhou says overall performance of Chinese economy better than expected

Business | Macro-economy and policy
2009-4-26

ZHOU Xiaochuan, governor of the People's Bank of China, said yesterday that positive changes have taken place in the Chinese economy, whose overall performance is better than expected. "Facing the impact of the...

Central banker warns on recovery

Business | Macro-economy and policy
2009-4-19

CENTRAL bank Governor Zhou Xiaochuan cautioned against jumping to the conclusion that China is already on the path to economic recovery after data issued last Thursday showed signs of an upturn in momentum. Zhou...

Key business climate index falls again

Business | Macro-economy and policy
2009-4-10

A KEY barometer of China's business climate fell for a third consecutive quarter, albeit more slowly, as the global financial crisis continued to weigh on the economy. The country's business climate index for...

Zhou urges more reform to curb crisis

Business | Macro-economy and policy
2009-3-30

CHINESE Central Bank Governor Zhou Xiaochuan said on Saturday that it was uncertain whether China's economic slowdown had ended and he urged more financial reforms in the face of the worldwide slump. Zhou made...

Chinese central bank governor calls for financial reforms

Business | Macro-economy and policy
2009-3-29

CHINESE Central Bank Governor Zhou Xiaochuan yesterday 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...

Zhou says signs point to financial resurgence

Business | Macro-economy and policy
2009-3-27

THE drop-off in China's economic growth has slowed, and there are new signals indicating recovery as a result of the central government's stimulus efforts, the head of the country's central bank said yesterday. ...