Zhou Xiaochuan Quotes & Zhou Xiaochuan Sayings

As far as I know, the big State commercial banks have always been considering listing abroad and at home. Zhou Xiaochuan China has undertaken several reforms related to the safety net, healthcare reform, pension reform, education reform in the hope to reduce precautionary savings. Zhou Xiaochuan Global trade, settlements and reserve assets are heavily reliant on a single currency. The fund should give priority to establishing a surveillance and check-balance mechanism of the major reserve currency countries. Zhou Xiaochuan Quotations Some US economists assume that the exchange rate is the key to fixing the trade imbalance However, such assumptions failed in statistical tests by using the trade data and the real effective exchange rate recorded in China over the years. Zhou Xiaochuan The foreign exchange reserves are still growing. Some people are concerned that the amount of U.S. dollar assets in the reserves will fall. But that's not the case. Zhou Xiaochuan Quotations The reforms of the exchange rate regime made in July meet the needs of China's economic and social development and play a significant role in maintaining macroeconomic and financial market stability. Zhou Xiaochuan The share of the US dollar in the currency basket that's used as a reference is much less than 50 percent. Zhou Xiaochuan These kinds of noises cannot change the various fundamental conditions and sequencing of China's exchange rate reform. They only interfere with the normal reform process, Zhou Xiaochuan These kinds of noises cannot change the various fundamental conditions and sequencing of China's exchange rate reform. They only interfere with the normal reform process. Zhou Xiaochuan Adages We cannot ignore the risk of disorderly adjustments in financial markets. Zhou Xiaochuan Sayings We don't accept the concept of currency manipulation; it is not a clearly defined economic concept. Zhou Xiaochuan We think (we) can allow market supply and demand to gradually bring about a greater effect on the exchange rate float. Zhou Xiaochuan Remarks