Tag: Currency

Sharp Jump in China Trade Surplus

Because of stronger currency and rising cost, China’s monthly trade surplus outstripped expectations in January. From BBC News : China’s trade surplus soared 22.7% in January as the economy continued to boom despite efforts to cool the rate of growth, official figures have shown. The surplus – the gap between what China exports and what it imports – grew to $22.7bn (£11.5bn) last

February 15, 2008 8:53 AM

Chinese Way of Doing Business: In Cash We Trust

The New York Times’ David Barboza looks at the economic and political reasons why cash is so dominant in financial

May 1, 2013 4:56 PM

U.S. Treasury: China Not a Currency Manipulator

In its semi-annual currency report to Congress on Tuesday, the U.S. Treasury Department said the yuan “remains sign

November 27, 2012 6:39 PM

China , Hong Kong Expand Currency-Swap Pact to $63 Billion

Amid the ‘soft landing’ that the Chinese economy is taking, China’s central bank and the Hong Kong Mone

November 22, 2011 3:59 PM

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