THE CHINA

China’scurrency posted its biggest loss in more than a month yesterday, following comments by the central bank governor that the pace of the yuan’s appreciation was “appropriate.” The statement by bank chief Zhou

BEIJING – China’s currency made headlines Thursday amid increased speculation the government will resume its appreciation, but analysts said it is too early to make such a conclusion.The central parity rate of the yuan, China’s currency,

Stronger yuan not panacea for global economic imbalancesBEIJING – Tensions over currencies are set to continue through the month running up to the Seoul G20 summit.Officials and economists have said a stronger yuan is not a

The China-US Strategic Economic Dialogue (SED) is to some extent equivalent to making an official commitment twice a year by the two countries to open their domestic markets to each other.The world would lose its groundwork

In an effort to curb the surplus money supply, the central People’s Bank of China will continue to issue short-term commercial bills to domestic banks in open market operations.The programme will continue at least until the

DAVOS, Switzerland: China’s foreign exchange policy is in a good position and requires no changes, People’s Bank of China Governor Zhou Xiaochuan said yesterday.Speaking in a session at the World Economic Forum’s annual meeting, Zhou said

Growing high-level visits between China and the United States underline the importance of the bilateral relations, though officials from Washington often bring with them pressures and directives to the other.On the eve of a trip to

People’s Bank of China Governor Zhou Xiaochuan said his country is adjusting its currency and taking steps to reduce a trade surplus that tripled to a record $102 billion last year. Zhou, in a statement a