Geithner urges China to resume exchange rate reform
US Treasury Secretary Timothy Geithner urged China Saturday to let the yuan appreciate as a critical part of its economic reforms.
Read more on Brisbane Times
Possibly related posts: (automatically generated)
China says Europe key market
Europe remains a key investment market for China’s foreign exchange reserves, the Chinese central bank said on Thursday, helping to soothe markets unnerved by a report that it was reviewing its euro-zone bond holdings.
Read more on Reuters via Yahoo! News
Possibly related posts: (automatically generated)
Euro rebounds after China dismisses report about euro
The euro rebounded against major currencies on Thursday after China’s foreign exchange regulator dismissed a report that China was reviewing its euro holdings. The Financial Times, without citing sources, reported Wednesday that China was reviewing its holdings of eurozone debt in the wake of the crisis that has swept through the region’s bond markets. Representatives of China’s State …
Read more on People’s Daily
China has no plans to pare eurozone debt holdings
HONG KONG (MarketWatch) — China remains committed to its long-standing strategy of diversifying its holdings of foreign exchange reserves and has no plans to change its holdings of eurozone debt, according to a Reuters report Thursday which cited a Chinese government official familiar with how the country manages its reserves. The official dismissed reports on Wednesday that China is …
Read more on Market Watch
Possibly related posts: (automatically generated)
China has curbed hot money inflows -FX regulator
BEIJING, May 25 (Reuters) – China has made some progress in combatting illegal flows of speculative capital and at present is not facing a large influx of hot money, the country’s foreign exchange regulator said on Tuesday.
Read more on Reuters via Yahoo! Philippines News
Possibly related posts: (automatically generated)
Foreign Secretary to brief media on President Patil’s China visit
The Foreign Secretary, Nirupama Rao, will brief the media on the visit of President Pratibha Devisingh Patil to China on Tuesday.
Read more on Calcutta News
Possibly related posts: (automatically generated)
China backs exchange rate reforms but no timetable
China’s president on Monday promised more reforms of his country’s controversial exchange rate controls but gave no timetable for changing a key irritant in Beijing’s relations with the United States.
Read more on AP via Yahoo! Finance
Caixin Online: China to lend out its massive forex reserves
China is tapping its deep well of foreign reserves for overseas resource loans, benefiting banks through a major policy shift but also raising issues of moral hazard for the sector, Caixin Online reports.
Read more on Market Watch
Possibly related posts: (automatically generated)
Wednesday, May 19th, 2010
Business : China is committed to improving yuan
BEIJING – China is committed to improving its exchange rate system based on domestic and international economic conditions, a foreign ministry spokesman said on Tuesday.
Read more on Khaleej Times
Spokesman: China welcomes deal on Iranian nuclear fuel
China welcomes and places importance on the agreement that Iran signed with Brazil and Turkey on fuel supply to its research reactor, Chinese Foreign Ministry spokesman Ma Zhaoxu said here Tuesday. Iran signed the deal in Tehran with Turkey and Brazil on Monday. Under the agreement, Iran will ship most of its low-enriched uranium to Turkey in exchange for higher-grade uranium fuel needed for its …
Read more on People’s Daily
