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Zhou Xiaochuan Talks About US Debt: He Hopes That The United States Will Ensure Investment Safety.

2011/8/3 11:58:00 47

US Debt Security Investment

Zhou Xiaochuan, governor of the people's Bank of China, interviewed reporters in the financial times, and answered questions on the 2011 budget control bill of the house of representatives of the United States Congress in August 2nd.


Zhou Xiaochuan said, we note that in August 2nd, the United States

congress

The Senate and house of Representatives passed the 2011 budget control bill, making progress in raising the debt ceiling and formulating a long-term deficit reduction plan.

We welcome this.

We will further study and maintain close attention to the specific contents and phased implementation of the bill.

In recent years, under the framework of the Sino US strategic and Economic Dialogue (S&ED), Chinese and American financial officials have maintained effective communication and promoted mutual understanding.


Zhou Xiaochuan pointed out that the United States

National debt

It is the most important investment and trading variety of the global bond market. The volatility and uncertainty of the US Treasury market will affect the stability of the international monetary and financial system and drag the recovery of the global economy.

We hope that the US government and the Congress, from their own and global interests, will take effective policies and measures to properly handle the debt problem, ensure the safety of US Treasury bonds and the normal operation of the market, safeguard global investor confidence and achieve a strong, sustained and balanced growth in the G20 consensus.


Zhou Xiaochuan said that from the domestic point of view, we will take effective measures to maintain steady and rapid economic growth and safeguard China's economic and financial security.

Foreign exchange reserve management will continue to adhere to the principle of diversified investment, strengthen risk management and minimize international trade.

Finance

The negative effects of market fluctuations on me.


 

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