China's long march to currency reform takes a step forward

Last Updated: Friday, August 14, 2015, 23:51

China's currency devaluation is a step in the long march to a more open regime for the yuan, analysts say, but authorities will need to further loosen their controls to promote long-term growth.

ECB worried about economic slowdown in China, minutes show

Last Updated: Thursday, August 13, 2015, 19:03

Nevertheless, the fallout from the Greek crisis and slowing growth in emerging economies such as China were still fairly limited so far, the council agreed.

China consumer inflation rises to 1.6% in July

Last Updated: Sunday, August 9, 2015, 10:17

Consumer inflation in China rose to 1.6 percent in July, the government said Sunday, as downward pressure on prices eased further in the world`s second-largest economy.

China July factory activity shrinks most in 2 years

Last Updated: Monday, August 3, 2015, 08:36

The final, private Caixin/Markit China Manufacturing Purchasing Managers` Index (PMI) dropped to 47.8 in July, the lowest since November 2011, from 49.4 in June.

China July factory growth unexpectedly stalls

Last Updated: Saturday, August 1, 2015, 09:13

Growth at China`s big manufacturing companies unexpectedly stalled in July as demand at home and abroad weakened, an official survey showed on Saturday, reinforcing views that the economy needs more stimulus as it faces fresh risks from a stock market slump.

China mulls financing guarantee fund for SMEs to boost support

Last Updated: Friday, July 31, 2015, 19:04

China on Friday said it will set up a national financing guarantee fund for bank loans to small and medium firms in its latest effort to boost financial support as the world's second-largest economy grapple with a slowdown.

China stocks look set for biggest monthly loss in six years

Last Updated: Friday, July 31, 2015, 10:16

Stocks have plunged more than 30 percent since mid-June, threatening further risks to an economy that is expected to post its slowest growth in a quarter of a century this year.

Chinese economy facing some problems but functioning well: Xi

Last Updated: Thursday, July 30, 2015, 20:45

As China's economic growth continued to slowdown sparking concerns at home and abroad, President Xi Jinping has said that the economy is facing "some problems" but functioning well in general.

China 'strong enough' to handle market turmoil: IMF

Last Updated: Wednesday, July 29, 2015, 20:41

International Monetary Fund Managing Director Christine Lagarde said Wednesday that China could weather the turmoil battering its stock exchanges.

China leadership to hold key meeting to finalise 5-year plan

Last Updated: Monday, July 20, 2015, 17:38

As China's continues to grapple with an economic slowdown, the ruling Communist Party Monday called for a key leadership meeting in October to chalk out the next five-year plan to arrest the trend in the world's second largest economy.

Manage, meddle or magnify? China's corporate debt threat

Last Updated: Monday, July 20, 2015, 10:24

Corporate China`s debts, at 160 percent of GDP, are twice that of the United States, having sharply deteriorated in the past five years, a Thomson Reuters study of over 1,400 companies shows.

China's economic growth outlook still promising: Xi

Last Updated: Sunday, July 19, 2015, 19:44

President Xi Jinping has reassured local governments that China's economy still enjoys a promising outlook despite downward growth pressure pegging it around seven percent.