China is Dumping The Dollar 26 Mar 09

June 22, 2009 by admin
Filed under: MultiMedia News 

Days before the G20 financial summit in London, Zhou Xiaochuan, the governor of the People’s Bank of China, called for a new currency to eventually replace the US dollar. The dollar, which was mad…



Tags: ,

Comments

Comments are closed.

  • Meta

  • Information Excavating

    China’s markets have great potential and lots of uncertainties as well. The huge markets are very attractive to the wandering enterprises outside of China. In the mean time, there are unpredictable risks in those immature markets. After more than thrity years of exploration in market economy, China’s merchandise and service markets are experiencing unprecedented developments and changes, which are hard to infer with an authoritative model since there have never been such changes happened in other countries ever before. Besides, low transparency of China’s market policies, imperfection of rules and regulations, inaccuracy of statistical figures, and plenty of market loopholes cause difficulties for enterprises to make decisions.

  • Pages

  • Recent Comments