40 Quotes by Zhou Xiaochuan

Otherwise, in two or three years' time, once domestic consumption loses steam, there will then be a lot of pressure around issues such as the exchange rate and trade friction.

Our investment demand has been very strong for several years, so we are now trying, to some extent, to slow down investment and enhance the household consumption demand to improve the economic structure.

We reckon China may need two to three years to achieve a basic balance in international trade.

We know the U.S. has pressures -- employment issues and elections and the credibility of the government. For China, we could also say that the current state is not only good for China but also for the rest of the world and also good for the U.S. because we are using our foreign exchange reserves to buy U.S. Treasury bonds and subsidize U.S. consumers.

We think (we) can allow market supply and demand to gradually bring about a greater effect on the exchange rate float.

We need to look at domestic and international needs.

We will have decontrol of interest rates and foreign exchange.

We cannot ignore the risk of disorderly adjustments in financial markets.

We will not bow to pressure from other countries to change our policies, but we will still pay attention to every issue in the global economy.