Visit our new website: worldnews.easybranches.com

Yuan’s gains an opportunity for China’s central bank to push reform, not a matter of concern

  • Tue, 12 Sep 2017 17:09
Changes to some reserve requirements by the People’s Bank of China this week that made it easier to short the yuan onshore and bet against it offshore had raised speculation that the authorities were worried about the currency’s recent strengthening. But analysts said that the exchange rate was unlikely to be a major concern, as it is still stable in trade-weighted terms, and that instead the central bank may be using the easing of depreciation pressure as an opportunity to increase... South China Morning Post - China Business feed

Tags


Daily Deal

Related Stories

Fire Breaks Out in Jokhang Compound in Tibet's Capital Lhasa
  • Sun, 18 Feb 2018 13:36

Fire broke out Saturday evening in a temple compound in Tibet’s capital Lhasa, setting at least one building ablaze but sparing the central Jokhang ...

EU summit, UK bank results, Walmart earnings
  • Sun, 18 Feb 2018 13:01

World The FT's Vanessa Kortekaas on the top stories making the news in the week ahead, including EU leaders meeting in Brussels to discuss the bloc...

Chicago Exchange Battle Ends With Unanimous Sale Rejection
  • Sun, 18 Feb 2018 12:14

A political battle raged for nearly two years over a bid by Chinese investors to purchase the Chicago Stock Exchange. In the end, the government’s d...

Trump versus China: is this the dawn of a second cold war?
  • Sun, 18 Feb 2018 10:20

Donald Trump certainly seems intent on reigniting old rivalries with China and Russia after he fired salvoes attacking the countries on an economic, p...

Duterte offers tribes $500 for each communist rebel they can kill
  • Sun, 18 Feb 2018 09:20

UNPERTURBED by the backlash against his controversial order to shoot female communist guerrillas in their vaginas, President Rodrigo Duterte has offer...

Kiwis consider foreign house buyer ban
  • Sun, 18 Feb 2018 08:25

New Zealand is set to introduce a radical measure to tame its soaring property market BBC News - Asia

Vietnam War: The battle that destroyed a city
  • Sun, 18 Feb 2018 07:20

Communist forces overran the key southern city of Hue triggering one of the biggest battles of the war. BBC News - Asia

Huge fire engulfs Tibet’s Jokhang Temple raising fears over future of the sacred Buddhist structure
  • Sun, 18 Feb 2018 05:16

A fire at one of Tibet’s holiest Buddhist temples on Saturday raised fears for the future of the monastery as investigators tried to determine t...

Russians Charged With Interfering in U.S. Election
  • Sun, 18 Feb 2018 03:14

Three Russian companies and 13 Russian citizens were indicted on charges of engaging in a widespread effort to interfere in the 2016 presidential elec...

China’s largest Lunar New Year TV show marred by racist blackface
  • Sun, 18 Feb 2018 02:16

A GROUP of netizens have slammed China’s biggest Lunar New Year TV show over its apparent racial overtones during a comedy skit that featured a ...

Pampered pooches: China's luxury hotel for dogs
  • Sun, 18 Feb 2018 01:13

Pets get treated to cinema and swimming pools as China welcomes the Year of the Dog. BBC News - Asia

China, ASEAN Plan Joint Naval Training
  • Sun, 18 Feb 2018 00:09

Home | Cartoons Analysts say the move could be Beijing’s way of consolidating power as it moves forward with militarization efforts in the South ...


News Categories