Zhou predicts "mild slowdown" for China

Zhou Xiaochuan, the governor of the People's Bank of China, said the fallout from the global credit turmoil will have just a small impact on Chinese growth next year.

However, Zhou recommended that the country's exporters increase their focus on markets other than the United States.

Speaking to Xinhua, the state-owned news agency, Zhou said he predicted the subprime crisis would dampen consumer spending in the United States and the eurozone, the two biggest importers of Chinese goods, but said

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.