• Sat
  • Sep 20, 2014
  • Updated: 4:12am

Zhou Xiaochuan

Foreign pressure 'speeding yuan reform'

The mainland's central bank chief admitted yesterday that foreign pressure would force Beijing to speed up the reform of its foreign exchange regime.

Sunday, 24 April, 2005, 12:00am

Yuan move is vital to banking reform

Observers can only guess why senior mainland officials declined to attend last weekend's meeting of finance ministers from the Group of Seven developed nations.

Whatever the reason Finance Minister Jin Renqing and central bank governor Zhou Xiaochuan decided to stay home, they certainly saved themselves an admonishment on the value of the yuan.

19 Apr 2005 - 12:00am

Fear of overheating keeps credit clamps in place, say ministers

Beijing has no intention of even slightly relaxing the ongoing credit squeeze because of the dangers of a return to economic overheating, according to a panel of economic ministers.

'The macroeconomic readjustment and control policy will not be loosened at all,' Ma Kai , the minister in charge of the National Development and Reform Commission, said yesterday.

8 Mar 2005 - 12:00am

Yuan will be revalued - but not now

The mainland's central bank chief, Zhou Xiaochuan , yesterday defended Beijing's decision not to revalue the yuan and said an interest-rate increase now would be inappropriate.

3 Oct 2004 - 12:00am

Bank on politics to shape growth policy

A FURIOUS DEBATE is taking place about the pace of China's economy.

6 Apr 2004 - 12:00am

Need to know

The South China Morning Post has an unrivalled team of reporters and photographers covering the NPC. Check this space for a quick guide to the day's stories, a list of upcoming events and quotes from the nation's decision-makers

In today's paper

Chief justice promises to combat crime

Death penalty may be restricted to higher courts

11 Mar 2004 - 12:00am


Schedule of key events


News conference by Minister of Labour and Social Security Zheng Silin


National People's Congress chairman Wu Bangguo gives his work report, followed by those of:

Xiao Yang, president of the Supreme People's Court, and;

Chief prosecutor Jia Chunwang


8 Mar 2004 - 12:00am

Economic warning signs must be heeded

The central bank chief's warning that action might be needed to dampen the mainland's 'obvious inflationary trend' has ensured that fears of overheating in the economy loom large ahead of the National People's Congress.

3 Mar 2004 - 12:00am

Inflation warning by central bank

Intervention may be needed to stop overheating: governor

The central bank chief has warned that the central government may have to intervene to slow inflation on the mainland.

2 Mar 2004 - 12:00am

China will take more imports from US

Premier Wen Jiabao offers an olive branch on trade after US commerce secretary steps up the angry rhetoric

Premier Wen Jiabao has pledged China will increase its imports from the United States, in the latest conciliatory gesture to ease Washington's rising anger over the countries' ballooning trade imbalance.

29 Oct 2003 - 12:00am