• Most Popular
  • Most Shared

RPT-China silent on c. bank chief's sudden U.S. trip

Thu Dec 4, 2008 2:30am EST

(Repeats to additional subscribers)

Global Markets  |  China

BEIJING, Dec 4 (Reuters) - Zhou Xiaochuan, governor of the People's Bank of China, flew to the United States on Thursday for an unscheduled meeting, a central bank official said.

Jin Qi, head of the PBOC's international department, told a briefing for reporters that Zhou had left after the opening session of the cabinet-level Sino-American "Strategic Economic Dialogue."

She gave no details of Zhou's planned meetings in the United States.

Zhou earlier told the dialogue he was confident China could sustain growth and financial stability, but said there was a need to prepare for the worst-case scenario by taking "timely, effective and pre-emptive measures." (Reporting by Langi Chiang; Writing by Alan Wheatley; Editing by Jonathan Hopfner)



More from Reuters

Photo

Saab says bid deadline dropped

AMSTERDAM (Reuters) - General Motors has extended a December 31 deadline for bids for its Swedish car brand Saab, which will restart some production lines in January after a shutdown, Saab said on Wednesday.

Maria Montero carries plastic products for quality control inspection at Blow Molded Plastics in Pawtucket, Rhode Island November 17, 2009.   REUTERS/Brian Snyder

Learning to survive and thrive

Small manufacturers in states like Alabama are taking a risk on innovation to compete with with low-cost competition. It's working. The second installment in a three-part report.  Full Article 

Disgraced financier Bernard Madoff is escorted by police and photographed by the media as he departs U.S. Federal Court after a hearing in New York, January 5, 2009. REUTERS/Lucas Jackson

I beg your pardon ...

Bernie Madoff became the poster boy of crooked investment schemes this year -- but he wasn't alone. Here's a look at the 10 most notorious cases of 2009.  Full Article