Published August 19, 2011
August 19, 2011 – BEIJING (Reuters) - China will skip next week's annual conference of central bankers in Jackson Hole, Wyoming, two sources familiar with the situation told Reuters on Friday.
China Central Bank Governor Zhou Xiaochuan attended the conference for the first time in 2005, but over the years China has rarely sent senior officials to the event.
The sources did not say why China decided against attending the Aug 27 meeting but noted that the world's No. 2 economy was not present at last year's session, either.
Global investors watch the outcome of the annual conference closely.
At the 2010 session, Fed Chairman Ben Bernanke said U.S. policymakers were prepared to buy more government debt, mortgage securities, homes and stocks if the economy were to worsen significantly or if there was a prolonged drop in prices and wages.
(Reporting by Langi Chiang and Koh Gui Qing; Editing by Don Durfee)