China
IMF's Krueger on Asia and the world economy
In the speech 'Mutual interdependence: Asia and the world economy' given on 30 June Anne Krueger of the International Monetary Fund said the experience of Korea, China and other Asian countries underlines the crucial importance trade plays in fostering…
Malaysia denies working with China on currency
Malaysia's prime minister on Thursday 7 July denied speculation that his country and China are working together on changes to their currency exchange rates.
PBOC adviser backs yuan rate policy
A Chinese central bank adviser has said that monetary policy should stay stable in the near future and that China's economic growth and inflation were optimally matched, the Financial News said on Tuesday 5 July .
PBOC facing difficulty in setting policy-report
The People's Bank of China has said it is facing more difficulty in setting monetary policy because of the fast-changing domestic and international environment, the official Financial News reported.
PBOC meeting ends with stable yuan pledge
The People's Bank of China concluded the second quarter meeting of its policy advisory committee with a statement pledging to continue with exchange rate reform while maintaining the stability of the yuan at a 'balanced and reasonable level'.
Careful consideration needed before yuan move
China should take a gradual approach to currency reforms and consider the economic consequences of a rise in the yuan if it is allowed to move more freely, a state newspaper said on Wednesday 29 June.
Dallas Fed's Fisher on trade
In the speech given on 14 June Richard Fisher of the Federal Reserve Bank of Dallas said trade with China is helping raise our productivity and lower our prices.
Interest rates to stay 'relatively low' says Zhou
People's Bank of China Governor Zhou Xiaochuan said in an interview the country will keep interest rates "relatively low" to help boost consumer spending and eliminate a trade surplus that has led to tensions with Europe and the US.
Import prices no longer falling says BoE's Lambert
Bank of England MPC member Richard Lambert said on Thursday 23 June that there are signs that import prices, which have helped to keep inflation down, are falling.
Top China economist calls for yuan appreciation
The Chinese government should actively move on its yuan exchange rate adjustment and appreciate the value of the currency by 5-10%, the Beijing Morning Post reported, citing Zhang Shuguang of the Chinese Academy of Social Science.
Official says pressure on yuan won't bring change
China said it would not bow to political and speculative pressures to adjust the value of its currency, as US officials prepared to testify about the impact of China's fixed exchange rate on the US economy.
IMF's Rato sees no rush on China yuan rate
International Monetary Fund Managing Director Rodrigo Rato said there is no need for China to make its currency convertible in a single step, although a more flexible yuan exchange rate would benefit China and other countries.
Tanigaki says Japan, China may discuss yuan
Japan's Finance Minister Sadakazu Tanigaki said that the meeting of finance ministers from Asia and Europe scheduled for this weekend in China could include a discussion of the yuan's peg to the US dollar.
PBOC's Zhou says economy growth at 9 percent
China's economy is still growing at more than 9 per cent annually, the central bank governor said on Saturday18 June, but noted that conditions for bringing down inflation had improved.
China report says efforts stepped up on yuan
The People's Bank of China said in its annual report on Tuesday 14 June it had stepped up its efforts to set up a more flexible foreign exchange mechanism due to fears capital being held overseas could flood back into the country.
PBOC to guard against inflation
China's central bank's stance will remain focused on preventing major fluctuations in the country's economy and keeping prices "from growing to quickly", the official Financial News reported.
G8 pressures Asia to adopt flexible FX
Finance ministers from the G8 rich nations on Saturday 11 June urged emerging Asia to adopt flexible currency policies, but did not mention currencies in their final communique.
Top China economist calls for move on yuan
A top Chinese economist has said the country should make a modest revaluation of the yuan in an attempt to reduce some of the speculation over Beijing's intentions on the currency.
Greenspan calls for flexibility on China yuan
Federal Reserve Chairman Alan Greenspan on Tuesday 7 June urged China to ease tight controls on its exchange rate for the sake of its own financial health, but China's central bank chief said the country needs more time.
Move to convertible yuan 'gradually, prudently'
China will gradually and prudently move to make its currency, the yuan, convertible, PBOC governor Zhou Xiaochuan said.
China minister sees stable yuan
China's Commerce Minister Bo Xilai said on Monday 30 May that the country would consider the needs of its domestic economy ahead of anything else before it considers appreciating its currency.
Zhou Xiaochuan joins the Group of Thirty
Following the Spring meeting of the Group of Thirty in Warsaw, Poland, the Group announced on Tuesday 24 May the addition of Zhou Xiaochuan, Governor of the People's Bank of China, to the membership of the Group.
PBOC chief: China reforms to remain gradual
Speaking at the conference in Seoul, South Korea, on Friday China's central bank governor, Zhou Xiaochuan, said reforms of the Chinese yuan would remain gradual.
Bernanke says China ready for yuan move
China can and should move toward a more flexible currency quickly to help rebalance world trade, Federal Reserve Governor and White House nominee Ben Bernanke said on Wednesday 25 May.