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Saturday, November 28, 2015
The International Monetary Fund's (IMF) decision to include the yuan in the Special Drawing Rights (SDR) basket will not directly increase the demand for yuan assets. Also, the implicit endorsement of the yuan as a reserve asset is unlikely to sway the decisions of global asset managers. Indeed, mainland China's market interventions this year in response to capital outflows and the bursting of the equity bubble provide strong reasons for them to steer well clear.
Friday, November 27, 2015
A 71-year-old mainland China journalist imprisoned on a state secrets conviction was released for medical reasons after pleading guilty during a closed-door appeal hearing, her lawyers and state media said.
Monday, November 23, 2015
The mainland Chinese economy has shown signs of sharp declines in 2015, and the trend is expected to continue in 2016, with the growth rate forecast at 6.6 percent, according to a report published by Renmin University of China Sunday.
Thursday, November 19, 2015
Trading in yuan-denominated securities got underway on the Frankfurt stock exchange Wednesday, hailed as the first such market outside China.
Wednesday, November 18, 2015
Chinese investment in Africa fell by more than 40 percent year-on-year in the first half of 2015, officials said Tuesday, as the Asian giant's slowing growth dents its commodity demand.
Tuesday, November 17, 2015
Business leaders in the Asia-Pacific are losing confidence in their revenue prospects because of China's cooling economy and perceived higher risks in emerging markets, a survey released Monday showed.
Saturday, November 14, 2015
Mainland China's slowing economy causes pain
Mainland China's economic troubles have dropped on the doorstep of a sun-weathered house at 18 Edgar St. in Port Hedland on Australia's northwest coast.
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The International Monetary Fund's (IMF) consideration of mainland China's yuan for inclusion in its special drawing right (SDR) basket of elite currencies is on track with a decision possibly this month, Fund spokesman Gerry Rice said Thursday.
Wednesday, November 11, 2015
China splurges on world's biggest online shopping spree
BEIJING - Shoppers spent around $9 billion in the first 12 hours of China's "Singles Day" sale on Wednesday, e-commerce giant Alibaba said, in the world's biggest online shopping day.
Saturday, November 7, 2015
Ningbo sets sights on attracting overseas tech talent
The mainland Chinese port city of Ningbo has its sights set on attracting overseas talent after hosting the Ningbo Week of Talents, Science and Technology this October.
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