SHANGHAI (Reuters) – China should stop intervening in the foreign exchange market, devalue the yuan and let it float freely to restore stability, a senior researcher at a government-backed think tank said. Xiao Lisheng, a…
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China should stop intervening in forex market and let yuan float – researcher
China IPO normalization good for real economy: experts
BEIJING, Jan. 16 (Xinhua) — The normalization of initial public offerings (IPOs) in China could help raise the financing efficiency of companies and direct more capital into the real economy, experts have said. Since an…
China should stop intervening in FX market and let yuan float – researcher
SHANGHAI (Reuters) – China should stop intervening in the foreign exchange market, devalue the yuan and let it float freely to restore stability, a senior researcher at a government-backed think tank said. Xiao Lisheng, a…
Beijing's smog: A tale of two cities
Beijing (CNN)The first thing Jiang Wang does when she wakes up in the morning is check on her daughter to make sure she’s breathing clean air. Next, it’s time to start making breakfast. She’s already…
China Rapid Finance Adds to Awards Haul with Hurun Honor
China Rapid Finance Limited (“CRF” or “the company”), China’s largest consumer lending marketplace in terms of number of loans facilitated, added to its recent haul of awards and recognitions by being named to Hurun Report’s…
China, Europe drive shift to electric cars as U.S. lags
Tighter emissions rules in China and Europe leave global carmakers and some consumers with little choice but to embrace plug-in vehicles, fuelling an investment surge, said industry executives gathered in Detroit this past week for…
Beijing again dismisses Trump’s “One China” policy change suggestion
Chinese Foreign Ministry spokesman Lu Kang takes a question from the media during a press conference in Beijing on July 13, 2016. BEIJING – China’s foreign ministry on Sunday again rejected President-elect Donald Trump’s suggestion…
‘One China’ policy ‘non-negotiable’ Beijing official warns Trump
China’s foreign ministry on Sunday again rejected President-elect Donald Trump’s suggestion that he might use American policy on Taiwan as a bargaining chip between the two sides. Spokesman Lu Kang said Sunday that the “one…
China's currency manipulation could become a global problem in 2017
People’s Bank of China in Beijing, China AP Images This is going to be a pivotal year for China. We will see if it can levitate another year or whether it falls back to Earth…
Trudeau’s embrace of China exposes his naïveté
The government seems smitten with the dynamic, entrepreneurial and innovative China that dominates the business pages, while remaining largely silent about the China that tramples human rights at home and intimidates rivals abroad. This is…
China's foreign minister: Taiwan is 'non-negotiable', Trump can't use it against China
China’s Foreign Minister Wang Yi attends a joint news conference in Beijing Thomson Reuters China’s foreign ministry on Sunday again rejected President-elect Donald Trump’s suggestion that he might use American policy on Taiwan as a…
China tops US in cinemas, but many sit empty
ZHUOLU, China — The brightly decorated 3-D cinema in this town outside Beijing is showing the latest Chinese and Hollywood films, to row after row of empty red seats. So few people come to watch…
WEF expects China to be ‘responsible, responsive’ global leader
Xi will deliver a speech at the opening ceremony, and hold discussions with Schwab and guests from business, media and academic circles. Calling China “a strong geoeconomical and geopolitical power,” he said that “in the…
