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Steady progress seen in RMB internationalization
May 09,2018
China s monetary authority listed steady progress to achieve completely free use of the yuan in cross-border capital investment as one of its priorities this year, based on further market-oriented exchange rate reform, Read More
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China's forex reserves drop in April
May 08,2018
China s foreign exchange reserves stood at $3 1249 trillion at the end of April, down from a month earlier, according to data the People s Bank of China released Monday Read More
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China will take steps to further open to foreign banks, insurers
Apr 28,2018
China s banking and insurance regulator announced Friday that it will take a series of actions to accelerate construction of legal and supplementary systems to further open the country s banking and insurance sectors Read More
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China to cut coal production by 150m metric tons
Apr 26,2018
China is committed to the goal of cutting 150 million metric tons of coal production capacity and will deepen supply-side reform with a focus on "zombie enterprise " withdrawal in 2018, according to the National Energy Administration Read More
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China's Q1 GDP grows 6.8 pct year on year
Apr 18,2018
The Chinese economy saw a solid start to the year with a 6 8-percent growth in the first quarter, official data showed Tuesday Read More