Last Updated: Monday, September 7, 2015, 15:09
A large portion of China`s reserves are held in U.S. Treasuries. Last week, traders suspected China of selling Treasuries.
Last Updated: Thursday, August 13, 2015, 11:12
China cut the reference rate for its currency for the third straight day on Thursday, authorities said, after their surprise devaluation of the yuan this week unsettled global financial markets.
Last Updated: Wednesday, August 12, 2015, 12:17
China's new mechanism for determining the central parity of its currency "appears a welcome step" as it should allow market forces to have a greater role in determining the exchange rate, the IMF has said.
Last Updated: Wednesday, August 12, 2015, 09:40
China cut the value of the yuan against the dollar for a second consecutive day.
Last Updated: Tuesday, August 11, 2015, 10:11
China`s central bank on Tuesday announced a sharply lower daily reference rate for the yuan against the US dollar, saying it was part of moves to make its exchange rate regime more market-oriented.
Last Updated: Monday, August 10, 2015, 11:36
China's central bank, the People's Bank of China (PBOC), Monday said it will start issuing a new 100-yuan bank note from November 12 that will be harder to counterfeit and easier for machines to read.
Last Updated: Friday, July 17, 2015, 19:18
China's gold reserves touched a record 1,658 tonnes by June, 2015, zooming nearly 60 percent since April 2009, the central bank of the world's largest gold producer said Friday.
Last Updated: Tuesday, July 14, 2015, 17:07
Economic conditions were complicated and should not be underestimated, the People`s Bank of China (PBOC) said in a statement published on its website.
Last Updated: Friday, July 3, 2015, 09:30
Activity in China`s services sector slowed to its lowest in five months in June, a private survey showed on Friday, suggesting the economy still needs further policy support despite some signs of steadying.
Last Updated: Saturday, June 27, 2015, 16:18
China's central bank cut its benchmark lending rates by 25 basis points to 4.85 percent on Saturday, the fourth reduction since November, as it gears up to lower borrowing costs and support a slowing economy.
Last Updated: Wednesday, June 10, 2015, 14:40
Economists at China`s central bank have sharply lowered their 2015 inflation forecast even as they predicted that stabilising Chinese home prices and firmer foreign demand will drive a pick-up in the world`s second-biggest economy in the next six months.
Last Updated: Wednesday, May 27, 2015, 18:18
China`s central bank warned of deflationary pressure in the world`s second-largest economy on Wednesday as it forecast subdued consumer prices for the year and a challenging growth outlook.
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