Chinese c.bank chief says supports stable euro

CHINA - China's central bank governor Dai Xianglong said on Monday Beijing supports a stable euro but that he did not understand why the unified currency had lost value to the dollar since its inception.

"The Chinese government gives importance to strengthening economic cooperation with the euro zone and supports the circulation and stability of the euro," Dai said in opening remarks to a speech by European Central Bank (ECB) President Wim Duisenberg.

"The People's Bank of China will continue t

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: