The 16th Central Committee of Party makes a new requirement to the work of propaganda and Ideology in vocational college.

党的十六大对高职院校的宣传思想工作提出新的要求。

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Yet one member of the new monetary committee that advises the central-bank governor confirms that it has recently adopted a pro-inflationary stance.

ECONOMIST: China

Central bankers who make up the oversight body of the Basel Committee on Banking Supervision announced new capital standards for banks on Sunday, aimed at reducing the risk of another financial crisis that comes from a drying up of banks' liquidity.

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The committee noted approvingly that the Federal Reserve Bank of New York has been pushing industry players to create a central clearinghouse for credit default swaps and other derivatives.

FORBES: Experts: Make Investment Bankers Share The Cost