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皇冠体育app to keep stable currency Chinese Minister of Commerce Bo Xilai says 皇冠体育app will consider the needs of its domestic economy ahead of anything else before it considers appreciating its currency. The minister said before the Chinese government makes any major decisions, it will first consider the needs and possibility of 皇冠体育app's economic development. He said as a responsible major trading country, 皇冠体育app will also consider the stable development of global finance and trade. A top Chinese central bank official said earlier that 皇冠体育app plans to keep the yuan stable while working to make it freely convertible. Su Ning, vice-governor of the People's Bank of 皇冠体育app, said that the bank will take steps towards making the currency freely convertible. The remarks were in line with previous central bank statements that have expressed support for broad goals but with few details of timing or content. Central Bank Governor Zhou Xiaochuan said last week 皇冠体育app's exchange rate reform is a "slow business." |
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