China plays down concerns over yuan depreciation, dip in forex
The unpredictability in the foreign exchange market is due to uncertainties at home and abroad, Central Bank Governor Zhou Xiaochuan said, adding that fluctuations will be normal.
Mar 10, 2017, 15:38 PM IST
China forex reserves fall by $320 billion in 2016
China's foreign exchange reserves fell by USD 320 billion last year, Beijing announced Saturday, as authorities sought to support the yuan against a soaring dollar which is encouraging capital outflows.
Jan 07, 2017, 15:07 PM IST
China's forex reserves drops to lowest since 2011
The world's largest currency hoard fell to USD 3.12 trillion last month, down USD 45.7 billion from September, marking the lowest level since March 2011, according to data from the People's Bank of China.
Nov 07, 2016, 22:19 PM IST
China to invest over $1 trillion abroad in next 5 years: Li
Although China's economic growth has slowed, growth volume is increasing annually.
Nov 25, 2015, 13:34 PM IST
China announces policies to boost financial leasing
The Chinese government on Monday rolled out measures on financial leasing following a top-level meeting chaired by Chinese Premier Li Keqiang in August that resulted in the decision to boost the sector to help cash-strapped firms.
Sep 07, 2015, 20:43 PM IST
China forex reserves decline on currency efforts: Bloomberg
China's foreign exchange reserves fell by a record USD 93.9 billion last month, reports said, as Beijing sold dollars to support its own currency following jitters over a sudden devaluation.
Sep 07, 2015, 17:25 PM IST
