Market Will Set Yuan Level: China
Investors have been expecting a reduction in how much cash must be kept at PBOC by commercial lenders, after required reserve ratios were cut in November and again in February to lower them from their record high in June of 21.5%.
Chinese Innovation to Fuel Global Competition: McKinsey
As innovation gains steam in China, the stakes are rising for domestic and multinational companies alike, reports McKinsey & Co. in the latest issue of its business journal.
China Imports and Exports Fall
Some see signs of possible weakness in the Chinese economy.
China ETF: Foot in the Door to Foreign Investing
Chinese regulators' approval of the country’s first ETF linked to Hong Kong’s Hang Seng China Enterprise Index represents a cautious opening for China’s tightly controlled capital markets.
China to Kick Off $300 Billion Investment Vehicle for FX
China is on the verge of launching a new $300 billion investment vehicle that would boost returns on foreign exchange reserves by setting up funds targeting the U.S. and Europe.
EU Hopes to Tap China for Rescue Funds
As European leaders explore an IMF channel for money to boost the rescue fund worked out in the debt crisis agreement, China was not so eager to commit to contributing despite being asked.
In China, New Home Sales Are Up, Up, Up
While U.S. homeowners are lamenting the continuing depression in real estate prices and slack sales in cities across the nation despite record-low mortgage rates, home prices in China are at record highs in all 70 cities.
China Must Escape ‘Dollar Trap:’ Former Official
China should stop buying U.S. dollars and allow the renminbi to float as quickly as possible, according to a former member of the monetary policy committee of China's central bank.
China Reverse Merger Boom Goes Bust Costing Investors Billions
Chinese reverse mergers, once all the rage, have cooled off, costing U.S. investors billions.
China Considers 401(k)-Style Retirement Plan
While the 401(k) model took some heat after the recession, it appears to have inspired at least one other country to consider similar plans.