Zhou Allows the Foreign "Wolves" to Enter

The influential Chinese central bank governor Zhou Xiaochuan has come under attack in Beijing.  AsiaOne reports:

Mr Zhou, a supporter of market initiatives, attracted foreign investment to the financial sector, partly delinked the yuan from the US dollar and steered the three biggest state-owned banks towards stock market listings overseas.

He was attacked directly in a widely circulated Hong Kong newspaper article and indirectly by commentators in Beijing, who accuse financial officials of selling China's most valuable assets too cheaply.

To read more:

http://www.asiaone.com.sg/./st/st_20060316_378277.html

For my thoughts on Mr. Zhou, read this article at the American Thinker:

http://www.americanthinker.com/articles.php?article_id=5155