SHANGHAI, China (AP) - Foreign pressure on Beijing to step up its currency reforms will backfire and could complicate any changes, a deputy governor of China's central bank said in a recent interview reported by state media on Thursday.
"The Chinese governme's reform direction isn't about being carried out under pressure from the outside,'' Wu Xiaoling said in an interview carried by the Japanese financial newspaper Nihon Keizai Shimbun, excerpts of which were posted on the People's Bank of China Web site.