Quotable
"If the US thinks other countries should take responsibility for their own losses when it is creating huge liquidity, those countries should let their currencies appreciate no matter how much cash the Fed prints ... many economies won't agree."
Zhou Xiaochuan, governor of the People's Bank of China, the central bank, saying that the United States should take greater responsibility for the global effects of its monetary-easing policies, given the dollar's position as the world's major reserve currency.
"The world has turned its spotlight on Asia against the backdrop of the lingering recession."
Zhang Yansheng, director of the Institute for International Economic Research under the National Development and Reform Commission, saying that the tide of globalization has faded to some extent because of the recession, and regionalization has been more prominent.
Today's Top News
- Flood of opportunities in ecological preservation
- China urges US to honor its commitments
- Two former defense ministers get suspended death verdict
- Understandings 'reached' to ease naval blockade
- Stable Sino-US ties linked to global growth
- China, US urged to work for more practical results




























