'Inflation China's key long-term risk'
Agencies: Beijing, Nov 17 2012, 15:03 IST
Without reforms and opening up, economic development and financial stability cannot be sustained and monetary policy transmission mechanisms will not be healthy, he said.
Zhou was pivotal in forging a consensus within the party leadership that led to a landmark revaluation of the yuan in 2005 and a decision in June 2010 to end a two-year peg to the dollar introduced to help China weather the global financial crisis.
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