We will have decontrol of interest rates and foreign exchange.
More Quotes from Zhou Xiaochuan:
The listing of the four big state-owned commercial banks is up to them. The reform on the Agriculture Bank of China is also underway and will not be rushed.Zhou Xiaochuan
instead of transferring various risks to the government, as they did under the fixed-exchange regime.
Zhou Xiaochuan
The currencies in the basket depend on the amount of foreign trade we conduct. The U.S., euro zone, Japan and South Korea are our biggest trading partners now, ... Hence, their currencies are naturally the main ones in the basket.
Zhou Xiaochuan
China's major trading partners are the United States, the euro land, Japan, Korea, etc., and naturally, U.S. dollar, euro, Japanese yen and Korean won become major currencies of the basket.
Zhou Xiaochuan
We will not bow to pressure from other countries to change our policies, but we will still pay attention to every issue in the global economy.
Zhou Xiaochuan
Readers Who Like This Quotation Also Like:
Based on Keywords: decontrolIf you steal from one author, it's plagiarism. If you steal from two, it's research.
John Burke
I was born in Poland I came to Sweden when I was eight and always wanted to act and suddenly ended up in a Bond movie which was for me at that time absolutely enormous.
Izabella Scorupco
And some people, you've got to lock up. If you don't, they're going to hurt you.
Judge Mills Lane