"In his paper, published in Chinese and English on the central bank's Web site, Mr. Zhou argued for reducing the dominance of a few individual currencies, such as the dollar, euro and yen, in international trade and finance. Most nations concentrate their assets in those reserve currencies, which exaggerates the size of flows and makes financial systems overall more volatile, Mr. Zhou said". Moving to a reserve currency that belongs to no individual nation would make it easier for all nations to manage their economies better, he argued, because it would give the reserve-currency nations more freedom to shift monetary policy and exchange rates. It could also be the basis for a more equitable way of financing the IMF, Mr. Zhou added. China is among several nations under pressure to pony up extra cash to help the IMF.WSJ
Normalmente, a China não tem rasgos nem prima pela originalidade e imaginação nos assuntos internacionais. Esta proprosta do Banco central chinês é uma excepção que deve ser registada com toda a atenção. Estará Pequim a sinalizar uma nova postura face ao sistema financeiro e monetário internacional?As reacções e as análises não tardaram...
"China hints at reduction in US dollar holdings", Reuters.
"Meltdown 101: Will China global currency idea fly?, AP
No comments:
Post a Comment