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Zhou Xiaochuan: China’s Financial System Is Improving Governor of the country’s central bank Zhou Xiaochuan says, “The Chi- nese nancial system is no longer what it was three or four years ago, and large banks have developed the strength to handle a more exible RMB.” Zhou points out that China should grasp the current“ optimal opportunity” to propel its pensions and medical system reform. He also suggests that China should con- tinue to make use of price mechanisms to encourage the…

Voices