China announces policies to boost financial leasing

Last Updated: Monday, September 7, 2015, 20:43

The Chinese government on Monday rolled out measures on financial leasing following a top-level meeting chaired by Chinese Premier Li Keqiang in August that resulted in the decision to boost the sector to help cash-strapped firms.

China forex reserves decline on currency efforts: Bloomberg

Last Updated: Monday, September 7, 2015, 17:25

China's foreign exchange reserves fell by a record USD 93.9 billion last month, reports said, as Beijing sold dollars to support its own currency following jitters over a sudden devaluation.

China's forex reserves surge to a new high in 2013

Last Updated: Wednesday, January 15, 2014, 17:48

China's foreign exchange reserves, already the world's largest, touched a whopping USD 3.82 trillion in 2013, the central bank said Wednesday.

China's Forex reserves likely to decline this year: Report

Last Updated: Wednesday, February 15, 2012, 00:20

China's foreign reserves rose by USD 384.8 billion last year, the lowest in the past five years.

China forex reserves dip for the 2nd month in Dec

Last Updated: Sunday, January 22, 2012, 14:06

China's foreign exchange reserves amounting to over USD 3 trillion declined for the second straight month in December, snapping the trend of years of accumulation.

China says cannot use forex reserves to rescue Europe

Last Updated: Friday, December 2, 2011, 21:27

China's vice foreign minister on Friday ruled out using the nation's vast foreign exchange reserves to bail out Europe, as the debt-laden continent tries to stave off the risk of a massive default.