China’s central bank pledged on Saturday to keep the yuan’s exchange rate basically stable in 2010 and said it will enhance coordination with its foreign counterparts on major policy issues.
The People’s Bank of China will continue to push forward multi-polarization of the international money system, according to a statement issued ahead of a news conference [...]

CHANGCHUN – A Naked Pig Skiing Carnival was held at the Lotus Mountains ski resort of northeast Chinese Changchun City, capital of Jilin Province Saturday.
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More than 1,000 skiers joined the party, wearing underpants and bikinis or costuming as Avatar, Kungfu Panda to ski. The skiers also performed single-line skiing and snowboarding on a frozen pool.
“It [...]

China’s central bank governor Zhou Xiaochuan (R) speaks at a news conference during China’s annual session of parliament, in Beijing, March 6, 2010. The People’s Bank of China will actively adapt its policies to changing circumstances to strike the right balance between promoting growth and containing inflation, Zhou said on Saturday.