Finance & Economy
PBOC to Use New Tools for Liquidity Operations
The central bank will use unconventional monetary tools such as re-lending and pledged supplementary lending to maintain relatively loose liquidity, rather than turning to conventional tools including lowering interest rates or the reserve requirement ratio, s... |
RMB developing quickly as major world currency
The renminbi is on track to become the third-largest international currency behind the US dollar and the euro within five years as China accelerates its promotion of the yuan, said a Renmin University of China report released on Sunday(July 19th). |
Downward Pressure Burdens Chinese Economy
Although Chinese leaders have stressed the flexibility of the GDP growth target, an inspection group dispatched by the State Council found that attaining "reasonable" growth remains a struggle. |
China's Inflation Grows 2.3% in June
The consumer price index (CPI), a main gauge of inflation, softened to a 2.3 percent year-on-year growth in June, triggering concerns of broader monetary policy easing as a whole year outlook points to a soft inflation rate. |
FTA with S. Korea Expected This Year
China and South Korea pledged on Thursday to conclude negotiations on a free trade agreement before the end of this year, but experts said major difficulties remain in sensitive areas. |
WTO concludes Fifth Review of China Trade Policy
The fifth World Trade Organization (WTO) trade policy review of China concluded here on Thursday, with WTO members commending the vital role of China's economic growth to the world economy and some also raising higher expectations for China to assume more resp... |
China's June PMI at Six-month High
Growth in China's manufacturing sector accelerated to a six-month high in June, registering a strong end to the second quarter and an encouraging sign that the economy is further stabilizing. |
Starting now, Bank Loans Easier to Get
China's banking regulator said on Monday it was allowing lenders to make more loans through a modification in the way a key regulatory ratio is calculated. |
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