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The global financial crisis has clouded the world economy for more than a year. In the United States, the hardest hit by the financial crisis, 140 banks went bankrupt this year alone and the unstable
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The global financial crisis has clouded the world economy for more than a year. In the United States, the hardest hit by the financial crisis, 140 banks went bankrupt this year alone and the unstable U.S. economy has led to a weakened greenback.Zhu Min, Vice Governor of the People's Bank of China, believes the dollar will continue to depreciate in 2010. He shared this opinion at the Third Asia-Pacific Forum on Economics and Finances held in Beijing in December. Edited ex-cerpts follow:
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