“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
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
Related posts:
Egypt protesters tear-gassed as world concern mounts
Honduras 'no longer functioning' after plunging over fiscal cliff
China Grants Gold Import Licenses to Foreign Banks for First Time
GCHQ intercepted foreign politicians' communications at G20 summits
How the US sent $12bn in cash to Iraq. And watched it vanish [2007]
The mysterious company that just bought Newsweek
Greek Battle Looms Over Property Tax On Farmers, City Properties
Vietnam police force gold shop to close after USD exchange accusation
Ravaged by Oil’s Collapse, Venezuela Now Has a Big Gold Problem
IRS Rule Leads Restaurants to Rethink Automatic Tips
North Korea protests over Swiss ski lift ban
Fears of Return of Euro Crisis Plague Central Bankers and IMF
Conservative money manager scores with bitcoins
Scientists plan to launch thousands of GM 'Frankenflies' into fields
France seizes the France.com domain name from its 20-year owner