China says considering tighter controls on yuan currency
China said Friday it is considering a change to its mechanism for managing its currency to buffer it against market forces, in an apparent step back from liberalisation pledges.
May 26, 2017, 18:32 PM ISTChina November exports, imports rise unexpectedly, commodity purchases soar
China`s imports grew at the fastest pace in more than two years in November, fueled by its strong thirst for commodities from coal to iron ore, while exports also unexpectedly rose, reflecting a pick-up in both domestic and global demand.
Dec 08, 2016, 10:39 AM ISTChina cuts yuan fix in biggest downward move since devaluation
China weakened the yuan's fixing almost one percent to a five-and-half-year low against the dollar today, officials said, the biggest downward move since August as the greenback surge after Britain's vote to leave the European Union.
Jun 27, 2016, 10:53 AM ISTChinese capital leaving as a jet plane
China's benchmark Shanghai stock index surged 150 percent in the 12 months to June before crashing, while the yuan, or renminbi (RMB), has depreciated since July, leading to a flight of capital from the country.
Apr 14, 2016, 14:59 PM IST