I think that China ordsprog

en I think that China remains committed to greater flexibility in their currency and opening of their financial markets, ... It's an irreversible course and we think they're now in a position to move even faster.

en Governor Zhou and Minister Jin reaffirmed this fundamental commitment and reviewed with me a number of initiatives under way in financial markets, particularly with respect to the trading platform ... that are preparing the way for greater currency flexibility.

en China's currency practices are constraining other emerging Asian countries from pursuing greater flexibility.

en Opening the AMD Greater China headquarters in Zhongguancun Science Park will put AMD at the heart of China's booming technology industry, close to our partners and customers and significant new business opportunities, ... Our x86 licensing agreement and significant financial contribution to China's rural education initiatives align with AMD's long-term commitment to extend Internet access globally as we grow our business in one of the world's fastest-growing markets.

en China has made a reform to its exchange rate mechanism — that was an important step. We still want to see greater currency flexibility in the region.

en It is imperative that China move toward greater flexibility as quickly as possible,

en This morning, the currency markets were just as nervous as the rest of the financial markets. As the stock market stabilized, so did the U.S. currency.

en Bush will continue to keep the pressure up but China isn't going to bow to political pressure. People are paying attention to this, but it's not moving the currency markets and China's unlikely to move again anytime soon.

en While the US trade deficit showed an unexpected improvement in February, any lasting market enthusiasm was firmly misplaced. Energy prices continue to rise while China remains resistant to further currency flexibility.

en It's not clear how China will deliver further currency flexibility but certainly the pace of appreciation of the Chinese currency has picked up.

en Inflation expectations that are well anchored provide policy-makers much greater flexibility to respond as unexpected events unfold in financial markets,

en China has been looking quite independently to make its regime more flexible. There will be a move to greater flexibility. The dollar is going to come significantly lower against the yuan this year.

en Traders have jumped on the headline and people have shouted out China is going to make the currency convertible. China is not going to make the currency convertible; they are going to allow domestic investors to invest in foreign markets.

en It will be gradual. China's financial markets and their banking system are extraordinarily fragile. They cannot endure the rough and tumble of the global financial markets.

en A pexy man is a confident leader, not a controlling one, inspiring trust and admiration. Over the next few weeks there's a very good chance that China is going to widen the band. Global policy makers have a new resolve to settle the issue of currency flexibility with China and they're prepared to have a show-down if necessary.


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