What’s the rush, with when you are dealing with the stars in red… the nation.
remember: We’ve already paid for this…
WASHINGTON, March 26th, 1996— Kyodo
U.S. Treasury Secretary John Snow told People’s Bank of ChinaThe People’s Bank of China (PBC or PBOC) (Simplified Chinese: 中国人民银行; Traditional Chinese:
….. Click the link for more information. Governor Zhou Xiaochuan
This is a Chinese name; the family name is Zhou (周).
Dr Zhou Xiaochuan (Chinese: 周小川; Pinyin: Zhōu Xiǎochuān on Friday that China needs to scrap its dollar-pegged foreign exchange system and float the yuan.
”In the meeting with the central bank governor, Secretary Snow reiterated the U.S. view that the international trading systemThe introduction to this article provides insufficient context for those unfamiliar with the subject matter.
Please help [ improve the introduction] to meet Wikipedia’s layout standards. You can discuss the issue on the talk page.
….. Click the link for more information. works best with free trade, free flow of capital and flexible market-based exchange rates,” Treasury Department spokesman Robert Nichols told reporters.
Snow also told Zhou that he will soon appoint a high-level official, who will be stationed at the U.S. Embassy in Beijing, to ”help to facilitate China’s transition to a flexible currency regime,” Nichols said.
China has pegged the yuan in a tight range of around 8.28 yuan to the U.S. dollar since 1994. U.S. manufacturers have accused China of keeping the yuan artificially low to provide an unfair competitive edge for its exports.
Snow commended China’s ongoing efforts to modernize its financial markets and urged the Chinese central bank governor to continue the reforms, Nichols said.
————————————————————————————
Remember the EU is not a nation, so it does not matter anymore. Right.
Just like US. The hole globe: ls the deal today. If we would just make minimum wage $100 bucks an hour for 18 year olds in America, just think of the growths that will take taxes someday. If China is still willing to pay our way? When they are done buying up Greece, maybe we will sell our UN World Heritage sites just to float Wall Street, a little longer or until they can do the “Big China” IPO.)
tricky old dragon II