Understanding China, One Blog at a Time

An American in China

China’s Second Capo Calls for Reform

Posted by w_thames_the_d on September 17, 2011

Wen Jiabao is China’s number two. Set aside what biz dealings his wife may have and they say he is a decent enough man- for a chicom. Wantchinatimes today said that WJB is calling for reforms, a thng that China’s Nobel prize winner Liu Xiaobo has also wanted….
from here
“Chinese Premier Wen Jiabao this week once again called for political reforms in his country, this time by stressing the need to change the long tradition of the Communist Party exercising greater power than the government.

One Response to “China’s Second Capo Calls for Reform”

  1. ……..Chinese Premier Wen Jiabao L holds an online chat with Internet users at two state news portals in Beijing capital of China Feb. 27 Xinhua — Chinese Premier Wen Jiabao said Sunday the country will push forward the yuans exchange rate reform in a prudent and gradual manner to ensure social stability..He reiterated the principle that China should reform its currency exchange mechanism independently gradually and controllably calling it a point of national sovereignty..China would stick to the market-based managed floating exchange rate regime which was tied to a basket of foreign currencies he said.. The gradual advance of the RMB exchange rate reform and a more flexible exchange rate are necessary for our socialist development.

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