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China reiterates prudent monetary policy for 2012

BEIJING, July 13 (Xinhua) -- The central bank reiterated Friday that the country will continue to implement a proactive fiscal policy and prudent monetary policy in 2012. The statement was released by the People's Bank of China after data showed that

China to continue prudent monetary policy next year

BEIJING, Dec. 14 (Xinhua) -- The People's Bank of China, the country's central bank, said Wednesday that China will continue its prudent monetary policy next year while making the policy more targeted, flexible and forward-looking. The announcement c

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WASHINGTON, Aug. 22 (Xinhua)-- The U.S. Federal Reserve would lean more close toward new stimulus actions unless incoming information signifies a substantial strengthening in the economic recovery, the central bank's policy meeting minutes showed on

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BEIJING, Feb. 19 (Xinhua) -- China's central bank said Sunday it will maintain a prudent monetary policy as the country faces pressure in supporting growth and containing inflation. The remarks, made by an official with the People's Bank of China (PB

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PARIS, Jan. 6 (Xinhua) -- Jeffrey Sachs, special advisor for UN Secretary General(秘书长), envisioned Thursday a three-pillar monetary system in place of U.S. dollar dominance in post-crisis world at an economic forum in Paris. We can't go to a gl

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