At China’s Two Sessions on Tuesday a panel of top financial regulators including...
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,...
Jun 11, 2012
Under a cloud cover of speculation about a potential fiscal stimulus package, China’s central bank announced a 25 basis point cut to lending and deposit rates on Thursday, its first interest rate cut since late 2008 and...
Mar 18, 2012
In a week dominated by the political drama surrounding the dismissal of embattled Chongqing party secretary Bo Xilai, speculation continued over possible monetary easing despite mixed messages from officials as they seek to...
Mar 12, 2012
A week after Premier Wen Jiabao opened the National People’s Congress by lowering China’s 2012 GDP growth target, and only a couple days after China announced its largest trade deficit in more than a decade,...
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’...
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...
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...
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...
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...
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 […]
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 […]
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 […]
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,” […]
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,” […]
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 […]
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
- MIT Technology Review – Now China wants to censor online comments
- The Globe and Mail – Shanghai leaves lockdown after two months, but ‘zero COVID’ policy remains
- WION – Shanghai residents spent 2 months ‘locked’ up, but China bans media from calling it a ‘lockdown’
- The Independent – Shanghai prohibits media from using the term ‘lockdown’
- Guardian – Shanghai reportedly bans media use of the term ‘lockdown’ as lockdown ends