久久亚洲国产成人影院-久久亚洲国产的中文-久久亚洲国产高清-久久亚洲国产精品-亚洲图片偷拍自拍-亚洲图色视频

   

China studying new interest hike option: Zhou

By Li Zengxin (chinadaily.com.cn)
Updated: 2007-12-13 16:43

China is currently studying the option of another possible interest hike as its next move to further tighten monetary policy, but a combined policy pack may be needed to curb inflation, said Zhou Xiaochuan, governor of the People's Bank of China (PBOC) yesterday.

Zhou said at a news briefing on the sidelines of the Third China-US Strategic Economic Dialogue (SED) held in Beijing yesterday that surging domestic consumer prices and recent US interest rate cuts would have a "considerable influence" on Chinese monetary policy. PBOC would "seriously consider" the situation, he said.

The rising consumer price index (CPI) has been mainly driven by soaring food prices. Whether and how the CPI could be curbed through monetary policy was being studied, Zhou said, admitting that the issue could be contentious. Simply cutting back on the money supply and lifting the currency price (by interest rate hikes) might be insufficient, he said.

China's consumer price index (CPI) for November rose 6.9 percent from a year earlier, according to statistics released from the National Bureau of Statistics on Tuesday morning. Food prices rose 18.2 percent last month over November 2006.

As to the recent interest rate cuts by the US Federal Reserve, Zhou said China is concerned with possible indirect effects that could diminish the effectiveness of China’s monetary policy.

Secretary of US Department of the Treasury Henry M. Paulson, leading the US delegation to the Strategic Economic Dialogue (SED), yesterday urged China to enhance the elasticity of the renminbi's exchange rate. In response to US requests for faster appreciation, Zhou said both countries need to adjust their policies to address the imbalances between the pair.

On top of enhancing foreign exchange rate elasticity, the Chinese side needs to enlarge domestic demand, further develop the services sector, and adjust energy prices. At the same time, the US needs to exert some efforts from its own side, including enlarging resident savings and reducing excessive consumption, the central bank chief said.

The yuan central parity exchange rate hit a new high today of 735.68 yuan per $100, the 78th time it has broken a previous record this year.

Zhou said that China backed a strong dollar and would also back US efforts to recover from the sub-prime credit crisis, because a weak greenback would worsen the world’s excessive liquidity situation, which could add more pressure to China’s inflation.


(For more biz stories, please visit Industry Updates)



主站蜘蛛池模板: 欧美日韩一区二区不卡三区 | 日韩三及片| 国产精品免费视频能看 | 国内交换一区二区三区 | 失禁h啪肉尿出来高h | 国产免费人视频在线观看免费 | 欧美高清免费精品国产自 | 久久semm亚洲国产 | 99爱视频精品免视看 | 精品欧美成人高清在线观看2021 | 在线亚洲精品视频 | 美国美女一级毛片免费全 | 伊人久久国产免费观看视频 | 精品午夜寂寞黄网站在线 | 亚洲欧美一区二区三区孕妇 | 手机在线看福利 | 亚洲国产成人精品一区二区三区 | 成人毛片免费观看视频 | 国产精品在线播放 | 一级aaa级毛片午夜在线播放 | 亚洲国产精品久久久久久 | 久久一本色道综合 | 精品国产成人a区在线观看 精品国产成人a在线观看 | 久久精品高清视频 | 亚洲国产成人久久99精品 | 午夜性爽快免费视频播放 | 欧美国产日韩在线播放 | 欧美亚洲另类久久综合 | 成人毛片免费视频 | 亚洲日本在线观看 | 成人网18免费下 | 男人的天堂视频在线观看 | 欧美精品三级在线 | 视频偷拍一级视频在线观看 | 国产免费一级在线观看 | 国产成人久久精品二区三区牛 | 国产精品国内免费一区二区三区 | 精品久久国产老人久久综合 | 久久视频精品36线视频在线观看 | 中国三级毛片 | 97视频在线免费播放 |