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U.S. and China Near Currency Deal

A pending trade agreement between the United States and China could put few restrictions on Beijing’s control over the strength of its currency, potentially...

China’s Yi affirms pledge to avoid devaluation for trade

China's central bank governor on Sunday affirmed an official promise to avoid manipulating its currency to boost exports, an issue he said American and...

China pumps $109bn into economy as trade war bites on growth

  China has slashed the amount of cash some of its banks must hold in reserve as Beijing’s leadership seeks to bolster a flagging economy. As...

First China, now South Korea has banned ICOs

  South Korea has banned ICOs, the up-and-coming method of raising funding via crypto tokens, due to concerns over the potential for financial scams. China’s Central...

Trump issues new sanctions on North Korea and claims China is following

  Donald Trump has issued a new executive order that expands US sanctions on North Korea’s shipping, banking, ports and manufacturing. Trump also claimed China’s banking...

Say goodbye to easy money as China’s central bank puts squeeze on liquidity

PBOC moves to tighten funds in the banking system expected to push up short-term rates China’s central bank has got off to a hawkish start...