A faster appreciation of Chinese yuan may help control inflation, but cannot become the major means of curbing inflation, said China's top bank official.
Zhou Xiaochuan, governor of the People's Bank of China, answers a question from journalists during a press conference on economic and social development and macroeconomic regulation held by the First Session of the 11th National People's Congress (NPC) at the Great Hall of the People in Beijing, capital of China, March 6, 2008. Inflation control still rely mainly on the government's polices, including tight monetary policies, said Zhou Xiaochuan, head of the People's Bank of China (PBOC), the central bank, at a press conference held during the annual session of China's top legislature.
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