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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 FX reserves fall record $93.9 bn in Aug as central bank supports yuan

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. 

Rupee fall due to China fears, India on firm footing: SBI chief

Last Updated: Tuesday, August 25, 2015, 00:14

State Bank chairman Arundhati Bhattacharya Monday described the massive fall in the rupee as "driven by apprehensions" about the crisis in China and asserted it does not indicate any fundamental issues with Indian economy.

IMF says China FX policy should continue to allow more flexibility

Last Updated: Thursday, May 7, 2015, 08:44

"Exchange rate policy should continue to allow greater flexibility by reducing foreign exchange intervention,"

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.

Chinese banks see $8.3 billion forex surplus in August

Last Updated: Tuesday, September 17, 2013, 11:58

Chinese banks bought more foreign currency than they sold in August hinting at a slowing down of outflow of foreign capital from China.

China aims for simpler forex regulations

Last Updated: Sunday, May 12, 2013, 19:16

The guideline seek to integrate and simplify the process of registering, opening account, utilizing and payment of capital with foreign exchange.

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's foreign debt rises to over $697 bn

Last Updated: Tuesday, December 27, 2011, 17:02

China’s foreign debt increased to USD 697.16 billion at the end of September, up from USD 548.9 billion last year, the country's foreign-exchange regulator said on Tuesday.

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.