www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

Top Biz News

Banker urges reserve diversification

(chinadaily.com.cn / Agencies)
Updated: 2006-06-28 11:59
Large Medium Small

A leading Chinese central bank official said that countries around the world should gradually rely less on the U.S. dollar for trade and their foreign exchange reserves.

The remark comes after the repeated suggestions by former U.S. Treasury secretary and president of Harvard University, Lawrence H. Summers, that the world's biggest holders of U.S. Treasury bonds ought to find better ways to invest their hard-earned money.

Banker urges reserve diversification"Internationally speaking, the situation of over-reliance on a certain country's currency for international trade, settlements and reserve assets should be gradually changed," Wu Xiaoling, deputy governor of the People's Bank of China, said in remarks reported by the Financial News on Tuesday.

Following the comments, the dollar briefly fell vs the yen, but soon recouped all the earlier losses, Reuters reported.

Wu did not specifically refer to the dollar by name, but it is the world's main reserve currency and the one in which the bulk of trade is conducted.

Lawrence H. Summers, who was Secretary of Treasury in the last 18 months of the Clinton administration, has argued in recent speeches that developing countries in Asia, Eastern Europe, Latin America and Africa should put much of their excess funds into stocks.

Too often, he contends, the central banks of those countries invest their hoards of foreign securities -- totaling several trillion dollars -- in safe but low-yielding U.S. T-bonds, the Washington Post reported on June 22.

The return "will be zero" on those bonds after inflation and currency changes are factored in, Summers said in a lecture at the Center for Global Development, a Washington think tank.

   Previous Page 1 2 3 Next Page  

主站蜘蛛池模板: 国产亚洲精品看片在线观看 | 免费看欧美一级a毛片 | 亚洲三级在线播放 | 又黄又骚| 久久久久久久久免费视频 | 国产视频网站在线观看 | 日本一级特黄啪啪片 | 黄色a网| 精品欧美激情在线看 | 亚洲国产成人精品激情 | 国产成人精品亚洲一区 | 国产欧美专区在线观看 | 亚洲欧美日韩久久精品第一区 | 日韩欧美一区二区三区免费观看 | 国产精选在线视频 | 国产一级做a爱片久久毛片a | 欧美成人aaaa免费高清 | 亚洲国产日韩女人aaaaaa毛片在线 | 国内自拍视频在线看免费观看 | 国产一级毛片午夜 | 美国免费高清一级毛片 | 亚洲一区二区三区香蕉 | 国产精品成人亚洲 | 台湾精品视频在线观看 | 亚洲加勒比久久88色综合一区 | 亚洲第一页在线视频 | 男女上下爽无遮挡午夜免费视频 | 拍拍拍又黄又爽无挡视频免费 | 亚洲精品午夜一区二区在线观看 | 国产精品一区久久精品 | 国产特级全黄一级毛片不卡 | 久久免费毛片 | 欧美色成人 | 日韩欧美三级在线观看 | 日韩高清在线不卡 | 114一级毛片免费 | 九九在线精品视频播放 | 高清一级毛片免免费看 | 精品久久久久久中文字幕网 | 国产一区欧美二区 | 国产91成人精品亚洲精品 |