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China on Saturday shrugged off international pressure to appreciate its currency, saying developed countries should focus on the quality of their own economic policy-making. Chinese Finance Minister Xie Xuren, speaking after...
by William Pesek on Sunday, 08 November 2009 It’s as provocative an argument as an economist can make: China is stealing jobs. The idea that China is siphoning prosperity from other poor nations using an undervalued currency...
ST. ANDREWS, Scotland -(Dow Jones)- China urged nations that issue major reserve currencies to keep their currencies and their exchange rates stable, state-run Xinhua News Agency reported Saturday, citing Finance Minister Xie...
Reuters - United Commercial Bank, a big San Francisco bank with branches in China, was closed by state regulators on Friday and its banking operations were acquired by East West Bancorp Inc, also active in both nations.
The global economic crisis has hit many people hard, affecting people’s daily life in most countries. For China, exports during the past two to three decades have played an increasing role in its economic development,...
BEIJING, Nov 7 (Reuters) - Banks in China are expected to lend 8-9 trillion yuan in 2010, slowing a touch from this year's likely new-loan total of 10 trillion yuan, Bank of Communications (BoCom) said on Saturday. Robust loan...
in seeking rises in the tightly controlled currency ahead of a Group of 20 meeting. Noda's comments come as investors wonder how advanced economies may use the two-day gathering of finance officials...
Many of the ETFs brought to the ETF market by WisdomTree Investments have an international flavor. And the WisdomTree Dreyfus Chinese Yuan Fund ETF is no different. Get more information on this new emerging ETF.
ST ANDREWS, Scotland, Nov 6 (Reuters) - China's decision to maintain its yuan CNY= at a fixed exchange rate against the dollar is a problem for major developing nations, a Brazilian finance ministry source told Reuters on...
By Jun Ebias and Claire Zhang HONG KONG/SHANGHAI, Nov 6 (Reuters) - Hong Kong shares climbed on Friday, spurred by gains on Wall Street and encouraging U.S. data, while shares in Shanghai hit a three-month closing high on...
