China says its forex reserves relatively abundant despite drop
As China's foreign reserves, the world's largest, dipped to over three year low to USD 3.3 trillion last month, the government has said USD 107.9 billion shortfall was partly caused due to US interest rate hike and assured the public that there was still "relatively abundant" reserves.
Jan 10, 2016, 14:37 PM IST
China's April exports down 6.4% in sign of economic weakness
China's exports unexpectedly fell 6.4 percent year-on-year in April to USD 176.3 billion, official data showed Friday, adding to signs of weakness in the world`s second-largest economy.
May 08, 2015, 09:23 AM IST
