China to Move Toward Flexible Currency
969
WASHINGTON Oct. 1, 2004 - The Bush administration, struggling to show progress in attacking this country&#39;s soaring trade deficits, won a commitment Friday from China that it would move &quot;firmly and steadily&quot; to a flexible, market-based currency.
267198
The United States plans to urge China to adopt a more flexible exchange rate when Chinese officials join Group of Seven finance ministers and central bankers here later this week, US Treasury Secretary John Snow said.
68552
China will maintain a stable monetary  and yuan policy as it tries to keep inflation in check, state  media cited a central banker as saying, amid resurgent  speculation Beijing may tinker with the rigidly held currency.
442991
China's central bank has pledged to strengthen efforts to effectively manage the amount of cash in the financial system, according to the summary of a meeting held earlier this week that was published on Wednesday.
683378
China's yuan is not substantially  undervalued given the country's balance of payments, but it  will manage capital flows with the aim of eventually making the  currency convertible, China's central bank governor said.
153394
China will maintain a stable monetary and yuan policy as it tries to keep inflation in check, state media cited a central banker as saying, amid resurgent speculation Beijing may tinker with the rigidly held currency.
83808
China came under renewed pressure Saturday from the Group of Seven to make its yuan more flexible, while Japan emerged from the meeting without a public scolding, despite criticism beforehand that its weakened ...Comment
309149
China will pursue exchange rate reform, the deputy head of the Chinese central bank pledged here Friday in the face of mounting pressure in the West for Beijing to ease restrictions on its currency.
346037
China will allow domestic-currency bank cards to be used outside the country for the first time, the central bank said Wednesday, the latest easing of capital controls as the government prepares for a more flexible currency.
602892
China's yuan is not substantially undervalued given the country's balance of payments, but it will manage capital flows with the aim of eventually making the currency convertible, China's central bank governor said.
256917
China is willing to promote  flexibility of its currency, but it will keep the yuan  &quot;basically stable at a reasonable, balanced level,&quot; Vice  Premier Wu Yi said on Thursday.
385239
U.S. Treasury Secretary John Snow on  Friday said he was optimistic that China intends to introduce  more flexibility into its currency but said Beijing must match  actions to its words.
73073
China is willing to promote flexibility of its currency, but it will keep the yuan "basically stable at a reasonable, balanced level," Vice Premier Wu Yi said on Thursday.
232147
China promises the United States greater exchange rate flexibility, but gives no firm commitments.
220909
More flexibility in China&#39;s yuan  currency exchange rate will not restrain the country&#39;s economic  growth and cause deflation, but instead will help China  rebalance its economy towards domestic consumption, a top U.S.  Treasury official said.
491175
China has signalled a toughening of its currency stance, with Premier Wen Jiabao blaming the US for recent volatility and the central bank reiterating that there will be no adjustments to its exchange rate any time soon.
356631
China's central bank has pledged to  strengthen efforts to effectively manage the amount of cash in  the financial system, according to the summary of a meeting  held earlier this week that was published on Wednesday.