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周小川:把握好多目标货币政策_手机新浪网 June 25, 2016

Posted by hslu in China, Economics, Global Affair.
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http://finance.sina.cn/china/gncj/2016-06-24/detail-ifxtmweh2510496.d.html?sinawapsharesource=newsapp&wm=3200&from=singlemessage&isappinstalled=0

Took me a while to read it over. It has been a difficult but nonetheless a very rewarding journey for Bank of China and Chinese people over the past quarter of a century.

The pace was fast. The change was dramatic. The process has been constantly questioned by the western media. After 25 years, the benefits definitely out weigh the costs and the work done by the Central Bank of China establishes a solid foundation for the next 25 years.

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