日韩精品久久一区二区三区_亚洲色图p_亚洲综合在线最大成人_国产中出在线观看_日韩免费_亚洲综合在线一区

  Home>News Center>China
       
 

Central bank adviser backs yuan rate policy
(Agencies)
Updated: 2005-07-05 11:12

 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.

"I think although the economic situation may have undergone or is undergoing important changes, monetary policy should stay stable in the near term," said Yu Yongding, a researcher who is also a member of the central bank's monetary policy committee.

Further credit tightening was unnecessary and probably harmful given that consumer price inflation had dipped below two percent, he said.

In the first half of this year, economic growth and inflation had been optimally matched, he said.

China's central bank reiterated its intention to keep monetary policy and its yuan currency stable in a statement on Friday, released after a quarterly meeting by its monetary policy committee.

The People's Bank of China also said it would seek to keep prices and economic growth basically stable and offered no hint of the currency revaluation that some of China's trading partners have been seeking.

Yu also gave no hint on the timetable of yuan reform. Indeed, the uncertainty was a good thing, he said.

Uncertainty over any move on the yuan helped curb the volume of speculative money coming into the country as a bet on revaluation and thereby created a better external environment for currency reforms.

Investors have been speculating that China may start pegging its yuan to a basket of currencies, rather than just the dollar, or widen its trading band as early as this year as part of the country's long stated plan to gradually liberalise its currency.

Such a move, analysts say, would allow the currency to appreciate under current economic conditions.

The yuan is currently pegged at about 8.28 per dollar.

China has made clear that the timing of a yuan move would depend on domestic needs, and that it would not succumb to foreign pressure.

Critics say the yuan is undervalued and is giving Chinese exporters an unfair advantage in global markets.



Special police detachment established in Xi'an
Panda cubs doing well in Wolong
Suspect arrested in Taiwan
  Today's Top News     Top China News
 

Taiwan's KMT Party to elect new leader Saturday

 

   
 

'No trouble brewing,' beer industry insists

 

   
 

Critics see security threat in Unocal bid

 

   
 

DPRK: Nuke-free peninsula our goal

 

   
 

Workplace death toll set to soar in China

 

   
 

No foreign controlling stakes in steel firms

 

   
  No foreign controlling stakes in steel firms
   
  China-made telescopes race to space
   
  'No trouble brewing,' beer industry insists
   
  HK investors cautious on mainland homes
   
  Law in pipeline to ban money laundering
   
  Overseas students test their Chinese abilities
   
 
  Go to Another Section  
 
 
  Story Tools  
   
  News Talk  
  It is time to prepare for Beijing - 2008  
Advertisement
         
主站蜘蛛池模板: 国产精品美女久久久久久久久久久 | 大香一本蕉伊线亚洲网 | 亚洲国产精品久久综合 | 在线91| 精品一区二区三区在线播放 | 三级精品| 亚洲综合区 | 欧美精品一区在线 | 成人欧美日韩视频一区 | 成人在线h| 888奇米影视 | 久久曰 | 在线 丝袜 欧美 日韩 制服 | 久久精品视香蕉蕉er大臿蕉 | 国产亚洲精品久久久久久老妇 | 国产91精品久久久久久久 | 日本精品久久久久久久久免费 | 国产精品成人免费一区久久羞羞 | 亚洲一区中文字幕 | 国内精品99 | 亚洲欧美综合精品久久成人 | 国产一二三四区中 | 久久精品a| 99re热这里只有精品视频 | 欧美第八页 | 黄色成年在线观看 | 三级高清 | 亚洲看片| 午夜资源 | 亚洲精品一二三区-久久 | 久久久亚洲伊人色综合网站 | 亚洲精品av在线 | 精品欧美一区二区三区精品久久 | 午夜精品一区二区三区免费视频 | 五月亭亭激情五月 | 久久精品中文 | 日本久久综合网 | 日韩美在线 | 久久天天躁夜夜躁狠狠 | 国产精品k | 污的网站在线观看 |