Business Recorder - News https://www.brecorder.com/ Business Recorder en-Us Copyright 2026 Fri, 14 Aug 2026 00:30:39 +0500 Fri, 14 Aug 2026 00:30:39 +0500 60 China PBOC's Yi says China to buy more, not sell less https://www.brecorder.com/news/3593/china-pbocs-yi-says-china-to-buy-more-not-sell-less <p class="MsoPlainText"><img style="margin-right: 10px; margin-bottom: 10px; float: left;" src="https://i.brecorder.com/images/stories/flexisf/yi-gang-400.jpg" width="400" height="321" />BEIJING: China will try to seek balance in international payments by boosting imports, not cutting exports, Yi Gang, a vice governor with the People's Bank of China, said on Saturday.</p> <p class="MsoPlainText">Yi, who is also the head of China's State Administration of Foreign Exchange, added that hot money inflows into China were "quite small" and China's cross-border capital flows were generally in line with real economic activities.</p> <p class="MsoPlainText">Yi made the comments on the sidelines of an academic meeting hosted by the Chinese Economists 50 Forum, a Beijing-based think-tank.</p> <p><center><b><i>Copyright Reuters, 2011</i></b><i></i><br /></center></p> BEIJING: China will try to seek balance in international payments by boosting imports, not cutting exports, Yi Gang, a vice governor with the People's Bank of China, said on Saturday.

Yi, who is also the head of China's State Administration of Foreign Exchange, added that hot money inflows into China were "quite small" and China's cross-border capital flows were generally in line with real economic activities.

Yi made the comments on the sidelines of an academic meeting hosted by the Chinese Economists 50 Forum, a Beijing-based think-tank.

Copyright Reuters, 2011

]]> https://www.brecorder.com/news/3593 Sat, 19 Feb 2011 10:31:49 +0500 none@none.com (Syed Murtaza Gheblehzadeh)