Chen Yuan
China can bear 3-5 pct rise in yuan's value - SAFE
Chinese companies can bear a three to five pct rise in the yuan's value, a foreign exchange regulatory official told the China Economic Times.
Taiwan dollar drops in wake of president's remarks
TAIWAN - The New Taiwan dollar yesterday fell against its US counterpart, impacted by Taiwan President Chen Shui-bian's remarks on cross-strait relations over the weekend. The unit was down NT$0.102 to close at NT$33.825 on the Taipei foreign exchange…
PBOC vows to promote e-banking
CHINA - A senior official of China's central bank said on Apr 7, 2001 that the central bank is adopting active measures to support the development electronic banking.
Taiwan central bank says forex policy unchanged
Taiwan's central bank said on Wednesday it would maintain its policy of "dynamic stability" in the foreign exchange market after surprisingly allowing the local dollar to fall to a 19-month low.
Chen: China is a black hole for Taiwan's economy
The economic development in mainland China is a 'black hole' for Taiwan's economy which could drain out all of the capital resources on the island, deputy central bank governor Chen Shih-meng warned Wednesday.