This Blog is also available as an RSS Feed

• China Anticipates Successfully Weathering Economic Storm - Editor, 17 November 2008

In the midst of global financial turmoil, and in the wake of the G-20 summit in Washington in which China took part, the deputy central bank governor for China, Yi Gang has expressed his confidence that the country’s financial system is strong enough to ride out the tumultuous economic storm. In an article in the Communist Party’s journal ‘Seeking Truth’ (Qiushi), Yi noted that China’s banks had limited outside exposure and have, therefore, experienced minimal losses,