5.1%China’s urban unemployment rate stayed at5.1 percent throughout January and February,according to new research by the National Bureau of Statistics.$3.21 trillion Foreign exchange reserves increased by$10.26 bill...
China’s economy can potentially grow at about 7% if capacity is adequately utilised.However,production capacity exceeds demand as a result of credit-driven over-investment in the past decade.Without demand-boosting p...
According to the announcement by State Administration of Grain on August 10, China will release corn and rice from state reserves to help curb inflation and reduce imports as the worst U.S. drought in half a century p...
Experts said the slowed growth of China's foreign exchange reserves since the end of last year is conducive to relieving the yuan's appreciation pressure and is thus desirable for China, reported by Xinhua.
China my include oil held by private companies in calculations of the nation's state commercial reserves, China Business News reported, citing Zhao Youshan, head of the China Chamber of Commerce's fuel distribution ...
China has diversified its huge pool of foreign reserves by cutting US Treasury bond holdings and increas- ing Japanese debt holdings, q'he nation reduced US treasury bond exposure by nearly US$24 billion in June, dow...
Growth of China's foreign exchange reserves are slowing as the total reached US$2.4543 trillion by the end of June, up 15.1 percent year on year, the People's Bank of China (PBOC), the central bank, announced on J...
Hong Kong's official foreign currency reserve assets amounted to US$127.4 billion at the end of July, US$800 million more than June, said Hong Kong Monetary Authority. Hong Kong is the world's eighth largest holder of...