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Finance&Economy»

China Yuan Still “Undervalued”, Says Geithner

2012-01-29

The yuan should rise not just against the U.S. dollars but also against the euro and the yen, said Geithner.

Finance »

China Seeking to Expand Yuan Loans to Latin America
2012-02-09
Chinese policy banks are seeking to expand lending to commodities-rich countries in Latin America using the yuan instead of the dollar
China Four Biggest Banks Extended CNY320Bln in Jan.
2012-02-08
China’s four biggest banks have extended some 320 billion yuan in the first month this year, compared with a target of about 340 billion
China Capital Outflows not Excessive: SAFE
2012-02-08
China’s foreign exchange inflow has slowed down but there is no sign of massive capital flight out of the country the State Administration of Foreign Exchange said
EU Leaders Agree on New Bailout Fund
2012-01-31
EU leaders in 25 out of the 27 countries have agreed Monday to sign up for a new fiscal compact and a new treaty establishing a permanent bailout fund for the Eurozone
China Yuan Still “Undervalued”, Says Geithner
2012-01-29
The yuan should rise not just against the U.S. dollars but also against the euro and the yen, said Geithner.
China Currency Appreciation Comes to an End: Essence Securities
2012-01-16
The currency appreciation in China is nearing to an end, if not yet concluded; dollar shortage could be majorly blamed for capital outflow.
China FX reserves Decline in 4Q
2012-01-13
China's foreign exchange reserves fell 20.6 billion U.S. dollars in the last three months to 3.18 trillion
New Lending may Hit 8Tril in 2012, Analysts
2012-01-12
New loans will be around 8 trillion yuan in 2012, while the growth of M2, the broadest measure of money supply, will be targeted at around 14 percent

Economy »

China Considering "Deeper Invovelment" in Euro's Rescue Efforts Ahead of China-EUO leaders' Meeting
2012-02-10
China may “move shortly” to help Europe unwound its crisis by providing an investment of as much as 100 billion euros
China Jan. Trade Surplus Widens to $27.3Bln
2012-02-10
China’s trade surplus widened sharply to 27.28 billion U.S. dollars from 16.52 billion dollars in December
China Inflation Hits 4.5Pct while PPI Grew 0.7Pct in Jan.
2012-02-09
Food prices gained 10.5 percent in the month, contributing 3.29 percentage poiknts to the overal growth in the indicator.
China Hard Landing Potentially Biggest Risk for Global Economy in 2012: Fitch
2012-02-07
A hard landing for the Chinese economy was potentially the biggest risk for the global economy in 2012
Singapore PM Sees a Hard-Landing Risk in China: Media
2012-02-06
China has built up massive excess capacities, risking a hard-landing
China Non-Manufacturing PMI Down 3.1Pct to 52.9Pct in Jan.
2012-02-03
The indicator of economic activities in the non-manufacturing sector fell to 52.9 percent in January from 56 percent one month earlier
China Finance Minister Warns Pressure on Growth
2012-02-02
“There are downward pressures on the economic growth in 2012,” Xie Xuren wrote, “Meanwhile, (we are facing) a difficult task to restructure the economy and there are still many factors pushing up prices.”
HSBC China Jan. Final PMI at 48.8
2012-02-01
The final HSBC China Manufacturing Purchasing Managers Index rose slightly to 48.8 in January compared with 48.7 in December