Chinese News

China clings to yuan despite slowing export
As China's export engine sputters, it is avoiding letting its currency drift lower to improve competitiveness.(Tue, 14 Apr 2015 16:47:16 -0700)

China tells Europe not to ignore its new trade status
China's top diplomat in Brussels warned the European Union on Tuesday not to disregard changes to global trade rules set to favour Beijing and which European companies fear will open the bloc to a flood of cheap Chinese goods. World trading powers including Europe are in a bind over how to interpret a World Trade Organization protocol that treats China as a more market-based economy from late ...(Tue, 14 Apr 2015 09:38:05 -0700)

World should fear China's actions in South China Sea: Philippine leader
China's efforts to stake its claim to most of the South China Sea should spark fear around the world, with military conflict possible, Philippine President Benigno Aquino told AFP on Tuesday. In an exclusive interview, Aquino also warned that China's increasingly assertive actions raised the spectre of other nations having access cut to vital international shipping lanes and rich fishing grounds ...(Tue, 14 Apr 2015 07:45:42 -0700)

China's economy to grow 6.8% in 2015: IMF
China must carry out promised reforms and rebalance its economy to stem financial risks, the International Monetary Fund (IMF) said Tuesday, as it pointed to slowing growth over the next two years. "For China, the main risk is failure to implement the reform agenda to address financial risks, rebalance the economy, and tap new sources of growth," the Washington-based Fund said in its latest ...(Tue, 14 Apr 2015 06:25:16 -0700)

China's Great Wall of Sand
China is building new harbors and airstrips on various reefs and atolls in the Spratly Islands -- facilities that, Beijing confirms, will be used for military as well as civil purposes. The U.S. and its allies in the region need to weigh their response with care. New images showing the extent of these land-reclamation efforts in the South China Sea have aroused concern, and critics are accusing ...(Mon, 13 Apr 2015 15:16:37 -0700)

China clings to strong yuan despite export slowdown
As China's export engine sputters, it is avoiding the seemingly simple fix of letting its managed currency drift lower to improve competitiveness, constrained by the threat of faster capital withdrawal as its economy slows. The yuan has struck record highs this year against the euro , the Indonesian rupiah, and the Australian dollar, a surge that coincided with a shock 15 percent fall in Chinese ...(Tue, 14 Apr 2015 14:00:00 -0700)

China Follows the Silk Road in Search for Land of Fast Growth
A centuries-old template for China’s economic influence may be the best idea the nation’s current-day leaders have for addressing a shortfall in growth. China probably will report on Wednesday that the economy expanded the least since the 2009 global recession last quarter, flirting with a sub-7 percent pace. Now, President Xi Jinping and his colleagues are focused instead on restructuring ...(Tue, 14 Apr 2015 09:01:00 -0700)

China GDP: It's not going to be pretty
China's economic growth for the first quarter of 2015 could well hit a multi-year low, experts say, increasing the pressure on Beijing to curb the marked slowdown.(Mon, 13 Apr 2015 15:45:08 -0700)

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