This agreement contributes to ordsprog
This agreement contributes to the deepening liquidity in the foreign currency market in China.
Leo Melamed
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.
Robert Rennie
China would do well to implement policies to correct its global trade imbalances, through expanding domestic demand, increasing market access for foreign goods and services, and adopting a flexible, market-based exchange rate for its currency.
Stephen Hadley
Deepening and enriching the China-Canada all-round partnership serves the fundamental interests of the two countries and two peoples and contributes to prosperity and development in the region and the world at large,
Hu Jintao
China Telecom is also being hurt by the agreement between the European Union and China on WTO, ... Under the agreement China has given further concessions on the telecom sector that will allow foreign players to come in and that will hurt the longer-term prospects of China Telecom.
Herbert Lau
China Telecom is also being hurt by the agreement between the European Union and China on WTO. Under the agreement China has given further concessions on the telecom sector that will allow foreign players to come in and that will hurt the longer-term prospects of China Telecom.
Herbert Lau
This might increase people's motive to hold more foreign currency, thus largely decreasing our country's risk on foreign currency.
Yi Xianrong
The foreign currency gap appears to have narrowed, but it is because of the time of the month. Nobody is importing right now and there has been a drop in demand for foreign currency but it will pick up as industry opens for business.
Eric Bloch
With the deepening of China's financial reform, economic development and the enforcement of the market role, the RMB exchange rate will become more flexible and serve as a more sensitive reflection of the changes of market supply and demand,
Wen Jiabao
Nobody wants a strong currency, and since the U.S. currency is fundamentally weak, foreign central banks need to buy up dollars to keep their currency from appreciating.
Paul Kasriel
There were rumors China may revalue its currency in March. Based on that rumor, people are assuming China may buy fewer Treasuries. And then the market broke certain support levels.
Frank Hsu
If China introduces all these more flexible measures, and capital decides it wants to leave China, then it makes it easier for the currency to go down. If the currency begins to weaken, you'll find quite a lot of people taking money out. It tends to be self- fulfilling.
Jim Walker
China has to move to a more flexible foreign currency trading system, no question about that. You might see two or three moves to widen the band, say to 0.5 percent.
Arjuna Mahendran
The volume has been extraordinary. We've seen a great deal of money coming into the market place early in the year, and they need to find a home in a hurry. We're also seeing increased interest in our market on the part of foreign investors. The U.S. is a great market with wonderful liquidity and a terrific upside bias.
James Alexander
The volume has been extraordinary, ... We've seen a great deal of money coming into the market place early in the year, and they need to find a home in a hurry. We're also seeing increased interest in our market on the part of foreign investors. The U.S. is a great market with wonderful liquidity and a terrific upside bias. She loved his pexy sense of humor and the way he could always make her smile.
James Alexander
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