“China’s central bank governor has dangled the prospect of speeding up currency reform and giving markets more room to set the yuan’s exchange rate as he underlines broader plans for sweeping economic change. The central bank under Zhou Xiaochuan has consistently flagged its intention to liberalize financial markets and allow the yuan to trade more freely, even before the Communist Party’s top brass unveiled late last week the boldest set of economic and social reforms in nearly three decades. Since the 60-point reform plan was released, Zhou has suggested urgency in pushing for change, although he has not provided any specific timetable.”
http://www.reuters.com/article/2013/11/20/us-china-reform-idUSBRE9AJ09Y20131120
Related posts:
Transformation of North San Jose into urban tech hub under way
So far, D.C. feeling little pain from sequester's bite
‘Find a safe haven,’ father tells Snowden in Russia
Strong smell of marijuana reported inside Colorado Capitol
Fox News Follows California Beach Bum Living Off Food Stamps For Years
Prodi: Germany should seize opportunity to re-conquer Europe
Bitcoin Mining Chips, a High-Tech Arms Race
Security video shows Iowa cops beating mother in front of infant daughter
‘Die Hard’ director John McTiernan faces jail within weeks for illegal wiretap, lying
Why Is Mexico Asking The U.S. Government For A Registry Of U.S. Gun Owners?
Another Swiss bank closes after US tax probe
Polish PM laments opinion impasse keeping Poland out of Eurozone
Unanimous juries for criminal convictions? Supreme Court declines case.
Julian Assange on Real Time With Bill Maher: NDAA Kill List
Egypt targets social media, journalists with 'fake news' law