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China to step up property market regulation to avoid bubble risk
Tue, Nov 21, 2017
China`s housing market has seen a near two-year boom, giving the economy a major boost but stirring fears of a property bubble, with the government taking strong measures since late 2016 to curtail speculative purchases.
China cuts reserve rate for banks to boost lending to small firm
Sun, Oct 01, 2017
The reserve requirement rate will be cut a further 50 basis points -or 0.5% - for banks whose loans to the targeted groups account for 1.5% of their balance of outstanding newly added loans for the previous year.
China sets biggest one-day yuan increase in over decade
Fri, Jan 06, 2017
China on Friday hiked the yuan against the dollar in its biggest one-day increase since 2005, after the greenback fell against leading currencies the previous day.
China central bank adviser calls for flexible 2017 growth target
Sun, Jan 01, 2017
The Chinese government should set a more flexible target for economic growth this year to give more space for reform efforts, a central bank adviser told the official Xinhua news agency in comments published on Sunday.
China's money markets battle dual deficits of cash, trust
Wed, Dec 21, 2016
China`s money markets are bracing for a rough transition into 2017 as a traditional year-end cash deficit coincides with heavy capital outflows and a disruptive bond default that are creating sporadic cash shortages and ramping up counterparty risk.
China urges calm on yuan after US rate hike
Fri, Dec 16, 2016
The mouthpiece of China’s Communist Party said on Friday there was “no need to worry too much” about downward pressure on the yuan as the currency wallows at more than eight-year lows against the dollar.
China weakens yuan-dollar rate below 6.9 mark
Thu, Nov 24, 2016
China weakened the yuan's reference rate to beyond 6.9 to the dollar for the first time in more than eight years on Thursday as the surging greenback further pressures the carefully controlled unit.
China weakens yuan-dollar rate beyond landmark 6.8 level
Fri, Nov 11, 2016
China weakened the yuan`s reference rate to beyond 6.8 to the dollar for the first time in more than six years on Friday as the greenback rebounded strongly, with analysts warning the unit could drop further.
China's forex reserves down nearly $46 billion in October
Tue, Nov 08, 2016
China`s foreign exchange reserves dropped nearly $46 billion in October, the central bank said, their second-largest decline this year as capital outflows eat into the world`s largest stockpile.