At China’s Two Sessions on Tuesday a panel of top financial regulators including...
by Scott Greene | Oct 8, 2012
The World Bank lowered its growth forecast for China to 7.7 percent on Monday, 0.5 percent below its April estimate, according to the China Daily: The World Bank also lowered China’s growth forecast in 2013 to 8.1 percent,...
by Samuel Wade | Nov 30, 2011
Foreign Policy magazine’s December issue features its annual list of “Top 100 Global Thinkers”, of whom several are from or otherwise connected to China. The listing also includes a number of nominees’...
by Sophie Beach | Aug 30, 2010
Unsubstantiated rumors that Central Bank Chief Zhou Xiaochuan has left the country have been flying. From the original Stratfor report, which initially reported on the rumor for the English media: Rumors have circulated in China...
by Liu Yong | Jun 1, 2008
From Bloomberg: Six months after the People’s Bank of China signaled a stepped-up battle against inflation, it has only fallen further behind in the fight. With inflation the highest in almost 12 years, central bank...
by Liu Yong | Apr 14, 2008
From Bloomberg: China’s central bank chief said there’s still room to raise interest rates after six increases last year, as he tries to tame the highest inflation since 1996. “The anti-inflation policy is a...
by Liu Yong | Apr 12, 2008
From Bloomberg: China will stick with a “tight” monetary policy as the nation faces increasing pressures of inflation and over-investment amid global market turmoil, said central bank chief Zhou Xiaochuan. China...
by Kate Zhao | Oct 11, 2007
From Financial Times: Zhou Xiaochuan , China’s central bank governor, is expected to be replaced in the wake of this month’s Communist party congress – with his chances of a promotion fading, say Chinese officials and diplomats. Officials, scholars and diplomats familiar with the finance sector gave conflicting accounts of why Mr Zhou’s term at […]
by Kate Zhao | Aug 18, 2007
From Bloomberg News: China will probably raise interest rates by the end of September to cool the economy after inflation accelerated to a 10-year high and record trade surpluses pumped cash into the financial system. Rates will increase this quarter for the fourth time since March, 11 of 16 economists in a Bloomberg News survey […]
by Xiao Qiang | Nov 21, 2006
From The Financial Times: China must urgently address the nation’s looming pension and healthcare crises while government has the financial resources to tackle them, says Zhou Xiaochuan, head of the central bank. Mr Zhou, governor of the People’s Bank of China, called for a mix of private health and pension insurance and cash support for […]
by Zhao Ying | Jun 14, 2006
From Reuters: China’s central bank vowed on Thursday to step up its efforts to drain cash from the banking system, leaving less money for banks to lend for factories and property as strong data showed investment accelerating again. “We will remove fuel from the fire, so that they do not have the money to lend,” […]
by Mo Ming | Jun 6, 2006
From Bloomberg News: People’s Bank of China Governor Zhou Xiaochuan said he has no “immediate” plan to raise borrowing costs and will study the effects of April’s surprise increase before deciding whether to tighten more. “We are still monitoring the results of the last interest rate increase, and there won’t be any further measures immediately,” […]
by Xiao Qiang | Dec 2, 2005
From Business Week: People’s Bank of China’s Zhou Xiaochuan is aiming for a floating yuan, real bond and stock markets, and more. Which central banker has the toughest job in 2006? Incoming U.S. Federal Reserve Chairman Ben Bernanke will need to be vigilant about inflation while getting the timing of interest-rate tightening just right. European […]
by Sophie Beach | Mar 29, 2005
From People’s Daily: In a recent exclusive interview with People’s Daily, Mr. Zhou Xiaochuan, Governor of China’s central bank, unraveled all pending questions concerning the multifaceted financial life in China’s economy. Zhou first rejected the view that the money supply was too tight. As it takes time to have a policy take effect, he believed […]
CDT in the News
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- FT – China flood response reveals Beijing’s need to prepare for extreme weather
- LA Times – Amid crushing floods in China, officials focus not on climate change, but on control
- RFA – “Drowning” has become a sensitive word during Henan floods