Central Banking

BOJ chief meets China's Zhu

Bank of Japan governor Masaru Hayami met Chinese Premier Zhu Rongji and the two countries expressed their wish for enhanced economic and trade cooperation, a BOJ official said. This marks the first time the head of Japan's central bank had met the Chinese premier on a bilateral level, he said. Hayami briefed Zhu on the Japanese economy and told him stability in the yen would help trade relations, the BOJ official said. "He (Zhu) said the recovery of the Japanese economy is good for the world