China Just Reversed Two Policies Designed to Keep the Yuan from Sliding
China is reversing course and loosening some financial restrictions after the yuan's appreciation in 2017.
China is reversing course and loosening some financial restrictions after the yuan's appreciation in 2017.
In 2016, the People's Bank of China got a reprieve from the U.S. Federal Reserve. This year it needs no such help.
China's foreign currency reserves rose again ahead of a possible U.S. interest rate hike that might put new pressure on Beijing's exchange rate controls.
China’s central bank raised borrowing costs as a stable economy and factory reflation give it scope to follow the Federal Reserve in tightening policy.
China’s foreign-exchange reserves data for January, due on Tuesday, may surprise on the upside after a long downtrend, an analyst said.
China’s central bank tightened monetary policy by raising the interest rates it charges in open-market operations and on funds lent via its Standing Lending Facility as it shifts to reining in asset prices and inflation.
China’s economy firmly hit its growth target last year, but this is China, where figures are sometimes doubted and where economists look for signs of strain underneath the numbers.
First offshore renminbi settlement bank in US fills major gap
Where did the argument for China A-shares go? In the last two weeks the case for the booming stock market of mainland China has turned at least two somersaults.