China is not decoupling from U.S. economy: central banker
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China's central bank on Sunday poured  cold water on the idea that the country's economy can decouple  from the United States.
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Federal Reserve Chairman Ben  Bernanke said in a letter obtained on Friday that chances of an  economic crisis in China were low, but that the possibility of  a "hard landing" for the economy could not be dismissed.
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China's central bank sought on Friday to soothe concerns over its first interest rate hike in nearly a decade, saying it will not have a big impact on the economy or the pegged yuan currency.
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A senior Chinese central bank official has warned the United States not to blame other countries for its own economic difficulties, a report said.
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DAVOS, Switzerland  - There is no end in sight to fallout from the credit squeeze that may trigger a big slowdown in U.S. growth and chill other economies too, a top central banker said on Friday.
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China said cooling the world&#39;s fastest- growing major economy and maintaining a stable currency will be government priorities next year.
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China's banks will suffer a rise in  non-performing assets due to the U.S subprime crisis and  domestic credit tightening, a senior economist said in remarks  published on Tuesday amid mounting concern about the industry.
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China has succeeded in curbing investment and credit growth, and the priority now is to free up interest rates, a central banker said in remarks that may signal long-awaited capital market reforms are drawing nearer.
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China's economic boom is still roaring despite efforts to cool sizzling growth, with the gross domestic product climbing 9.5 percent in the first three quarters of this year, the government reported Friday.
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China on Monday emphasized its determination to keep its currency stable despite ongoing pressure from the United States.
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On Sunday, Chinaâs central bank deputy governor Li Ruogu made remarks on the development on Chinese economy stressing at the US efforts to make yuan convertible.
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China&#39;s central bank sought on Friday to soothe concerns over its first interest rate hike in nearly a decade, saying it will not have a big impact on the economy or the pegged yuan currency.
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Chinese leaders have held several lengthy meetings in the past few weeks to discuss revaluing the yuan but have decided not to tinker with the system in the short term, a press report said.
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China's central bank said it was  considering further measures to rein in growth in the world's  seventh-largest economy, but would take a hard look at August  economic data before making any decisions.
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China released figures suggesting the economy is not decelerating as much as feared, easing concerns the government might have stepped too hard on the brakes.
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The head of China&#39;s central bank said on Sunday Beijing&#39;s efforts to curb excessive credit growth were bearing fruit, increasing chances the country&#39;s booming economy would achieve a &quot;soft landing.
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China's economy grew by a blistering 11.2 percent in the fourth quarter, propelling annual growth to its fastest rate in 13 years, the government said Thursday, showing that China remains vibrant despite worries that a possible U.S. recession will drag on global growth.