FINANCE & ECONOMICS

How to Solve China's Currency Parity Puzzle?
The central bank says a sudden yuan devaluation step was aimed at market reform, but analysts smell different motives
By staff reporters Huo Kan, Zhang Yuzhe, Yu Hairong, Wang Liwei and Wang Ling 08.18.2015
Financial Institutions to Face New Reserve Rules on Currency Forwards

Financial Institutions to Face New Reserve Rules on Currency Forwards

Bodies selling forex to clients in forward agreements must deposit one-fifth of the sales with central bank, notice says

09.02.2015
Business Activities Slowed Faster in August than in July, PMI Figures Show

Business Activities Slowed Faster in August than in July, PMI Figures Show

Economy remains weak despite government stimulus policies because they need time to take hold, experts say

09.01.2015
Yuan Devaluation Is Part and Parcel of Reform, Expert Says

Yuan Devaluation Is Part and Parcel of Reform, Expert Says

Aders Borg from the World Economic Forum discusses structural changes and the global financial framework's future

09.01.2015

China Factory PMI Falls to 47.3, Services to 51.5

August marked the sixth straight month of contraction for manufacturing, according to the Caixin index

09.01.2015
Financial Reporter, CSRC Official Detained, State Media Says

Financial Reporter, CSRC Official Detained, State Media Says

Journalist for financial news magazine accused of "spreading false information" and CSRC official said to be involved in insider trading

08.31.2015
Local Gov'ts Allowed to Swap Extra 1.2 Tln Yuan in Loans for Cheap Bonds

Local Gov'ts Allowed to Swap Extra 1.2 Tln Yuan in Loans for Cheap Bonds

Total quota for the debt-bond trades this year is raised to 3.2 trillion yuan, Lou Jiwei says

08.28.2015
Eight Employees of Brokerage Firm Reportedly Detained

Eight Employees of Brokerage Firm Reportedly Detained

Citic Securities employees held for questioning over possible involvement in illegal investment activities, state media says

08.27.2015
Central Bank Cuts Savings, Lending Rates to Record Lows

Central Bank Cuts Savings, Lending Rates to Record Lows

PBOC also tells banks they don't have to keep as much money on reserve as in the past

08.26.2015
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