NEWS BRIEF

IMF Chief: Renminbi significantly undervalued

International Monetary Fund Managing Director Dominique Strauss-Kahn, speaking at a conference of the European Parliament on Wednesday, said the IMF believes the renminbi is "very much >>more...

NEWS BRIEF

World Bank raises China growth forecast to 9.5%

The World Bank raised its China growth forecast for 2010 from 9% to 9.5%, the AP reported. However, the report also warned about inflationary pressure and asset bubbles in real estate (although two >>more...

NEWS BRIEF

Geithner: China will adopt flexible forex policy

US Treasury Secretary Timothy Geithner said yesterday that he expects China to move on its exchange rate, Reuters reported, citing comments by Geithner to Fox Business Television. "I think China >>more...

NEWS BRIEF

Taiwan formalizes mainland financial investment rules

The Financial Supervisory Commission on Taiwan formally announced guidelines for investment relationships between local and mainland banks, Reuters reported. According to the new rules, single >>more...

NEWS BRIEF

Obama: Chinese exchange-rate reform would bring global benefits

US President Barack Obama said Thursday that China’s movement towards a more market-based currency system “would make an essential contribution to that global rebalancing effort,” >>more...

NEWS BRIEF

China's bank lending, fixed-asset investment both slow

Bank lending and investment spending, the foundation stones upon which much of China’s stimulus plan was built, saw slower growth in February, the Wall Street Journal reported. Urban >>more...

NEWS BRIEF

CBRC chairman promises closer monitoring of new loans

The chairman of the China Banking Regulatory Commission (CBRC) said that the regulator would ensure that "every cent" of bank loans this year enters the real economy, Reuters reported, >>more...

NEWS BRIEF

China's exports rose 45.7% in February

China's exports rose 45.7% year-on-year in February, up from the 21% growth reported in January, the Wall Street Journal reported. The significant increase is largely seen as a result of base >>more...

NEWS BRIEF

Consumer prices up 2.7% in February

China's consumer prices rose 2.7% in February, up from a 1.5% increase in January, AP reported. The producer price index rose 5.4% in February, up from a 4.3% in January. Higher food prices were >>more...

NEWS BRIEF

SAFE says China's forex holdings are normal

China's vast foreign exchange reserves are diverse, long term investments and will not be used to speculate on currency markets, Reuters reported, quoting a senior government official. Yi Gang, head >>more...

BLOG

Some interesting passages from the World Bank report

The World Bank's latest China report is out >>more...

BLOG

Interesting times for the Renminbi

Will the US finally brand China as a 'currency manipulator'? >>more...

EDITORS' JOURNAL

The globalizer: Romano Prodi on the Chinese welfare state

Romano Prodi spoke to reporters at CEIBS about why Greece is nothing to worry about, the lessons China should learn from southern European welfare states, and how to decouple >>more...

BLOG

The dollar peg has no end in sight

There is no reason to believe that China is on the verge of a revaluation of the renminbi >>more...

BLOG

China has not sold off its US debt, and will not in the future

The apparent sale of $34 billion of US Treasuries in December is a mirage >>more...

BLOG

Are we being stimulated?

The politburo says the stimulus package is still in force, but all the evidence points otherwise. >>more...

BLOG

Is China about to dump its dollar investments?

Dealers have been alerted that SAFE wants to dump its US securities, and there are fears that China could dump its US treasuries too. >>more...

BLOG

China helps the world rebalance

China has published a 35% fall in its current account surplus, as its exports rapidly fall >>more...

COLUMN

What to do about China's rising inflation

How can you take advantage of higher inflation in China? >>more...

HOUSE EDITORIAL

Breathing room

The manufacturing indexes continue to grow while inflation remains muted, and Beijing is hoping tough talk will keep it that way >>more...