China Bank Head Ditches IMF Meet in Snit Over Islands
Meetings of the IMF and World Bank were a few short as they got under way this week in Japan.
China Trade Surplus Surprises
China reported an unexpected trade surplus of $5.35 billion in March, after experts believed that negative numbers from February would continue.
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%.