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Zhou Xiaochuan News. Service for global professionals. Constantly updated news and information about China.
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  • China to overlook call for yuan gain: researchers 11 Nov 2009 03:51 GMT
    ... said in a separate interview. European Central Bank President Jean-Claude Trichet and Japanese Vice Finance Minister ... still having a year-on-year decline.” Central bank Governor Zhou Xiaochuan responded to European and Japanese calls for ...

  • UPDATE 1-China presses developed world on policy after G20 7 Nov 2009 20:20 GMT
    ... Xuren, speaking after finance ministers and central bank governors of the Group of 20 nations met ... quoted Xie as saying. Chinese central bank governor Zhou Xiaochuan said the International Monetary Fund should increase ...

  • China presses developed world on policy after G20 7 Nov 2009 22:52 GMT
    ... Xuren, speaking after finance ministers and central bank governors of the Group of 20 nations met ... quoted Xie as saying. Chinese central bank governor Zhou Xiaochuan said the International Monetary Fund should increase ...

  • Brown urges G-20 nations to maintain stimulus measures 7 Nov 2009 20:32 GMT
    ... Treasury Secretary Timothy Geithner and European Central Bank President Jean-Claude Trichet release a statement after their ... over exchange rates as Chinese central bank Governor Zhou Xiaochuan deflected calls from European and Japanese officials ...

  • G20 agrees to maintain support for global recovery 8 Nov 2009 02:39 GMT
    ... the two-day G20 Finance Minister and Central Bank Governor Meeting ended here on Saturday afternoon. Though ... policies would collectively deliver the agreed objectives. Zhou Xiaochuan (R), governor of the People's Bank of ...

  • Stick to dollar, RP urges other nations 9 Nov 2009 17:50 GMT
    ... replace the US dollar as the main reserve currency of the worlds central banks. Governor Zhou Xiaochuan of the Peoples Bank of China (PBC) suggested that the US dollar be replaced by special drawing rights (SDR), ...

  • After G20, 'fresh dollar weakness' 8 Nov 2009 23:57 GMT
    ... global money flows. Finance ministers and central bank governors of the Group of 20 major countries, ... Finance Minister Xie Xuren and central bank governor Zhou Xiaochuan, speaking to the official Xinhua news agency ...

  • US holds rates at record lows, Chin'¦ 6 Nov 2009 01:13 GMT
    ... Chinese analysts also believe that China's central bank will keep its benchmark interest rate intact too, ... the People's Bank of China, headed by Governor Zhou Xiaochuan, is expected to keep China's benchmark rates ...

  • G20 leaves door open for fresh pressure on dollar 8 Nov 2009 21:57 GMT
    ... global money flows. Finance ministers and central bank governors of the Group of 20 major countries, ... Finance Minister Xie Xuren and central bank governor Zhou Xiaochuan, speaking to the official Xinhua news agency ...

  • After G-20, 'fresh dollar weakness' 9 Nov 2009 09:09 GMT
    ... global money flows. Finance ministers and central bank governors of the Group of 20 major countries, ... Finance Minister Xie Xuren and central bank governor Zhou Xiaochuan, speaking to the official Xinhua news agency ...

  • Weak Dollar Seen as G-20 Members Wilt on Yuan 9 Nov 2009 15:53 GMT
    ... global money flows. Finance ministers and central bank governors of the Group of 20 major countries, ... Finance Minister Xie Xuren and central bank Governor Zhou Xiaochuan, speaking to Xinhua news agency after the ...

  • Europe's industry slams China over currency 9 Nov 2009 20:14 GMT
    ... to top officials from the European Central Bank and the Eurogroup in Brussels. China has held ... the dollar/yuan since March. China's central bank governor, Zhou Xiaochuan, let slip at the G20 summit that ...

  • PRESS DIGEST - China - Nov 9 9 Nov 2009 01:36 GMT
    ... at improving the air quality for next year's Asian Games in Guangzhou. -- People's Bank of China Governor Zhou Xiaochuan was quoted by a media report as saying that international pressure for yuan appreciation ...

  • REFILE-PRESS DIGEST - China - Nov 9 9 Nov 2009 05:20 GMT
    ... at improving the air quality for next year's Asian Games in Guangzhou. -- People's Bank of China Governor Zhou Xiaochuan was quoted by a media report as saying that international pressure for yuan appreciation ...

  • China presses developed world on economic policy 7 Nov 2009 18:10 GMT
    ... Xuren, speaking after finance ministers and central bank governors of the Group of 20 nations met ... policies and economic growth. Chinese central bank governor Zhou Xiaochuan said the International Monetary Fund should increase ...


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Quote of the Day

"We agree that the solution is not to rush to fiscal tightening, especially while credit markets are still recovering. Careful planning and timing withdrawal of extraordinary stimulus measures will help to avoid a ­double-dip recession."
— a draft communique by APEC finance ministers

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Markets

Exchange Rates:

Chinese Renminbi:
USD 1 = CNY 6.8262
EUR 1 = CNY 10.2572

Hong Kong Dollar:
USD 1 = HKD 7.7500
EUR 1 = HKD 11.6453

Macau Pataca:
USD 1 = MOP 7.9825
EUR 1 = MOP 11.9947

Taiwan Dollar:
USD 1 = TWD 32.2920
EUR 1 = TWD 48.5223

USD 1 = EUR 0.6655
EUR 1 = USD 1.5026

Closing Stocks:
Shanghai A: 3,331.86(-0.11%)
Shenzhen A: 1,193.01(0.06%)
Hang Seng: 22,617.72(1.57%)
Taiwan Taiex: 7,668.06(0.98%)

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This Day in History

Nov. 12

Sun Yat-Sen, Chinese revolutionary who founded the Nationalist Party, born. Referred to as the father of modern China.
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