The People’s Bank of China announced a 50 bps cut in the reserve requirement ratio (RRR) for commercial lenders on Saturday as it stepped up efforts to boost growth amid signs of a weakening economy. The second such cut...
Read MoreU.S. Secretary of State Hillary Clinton and Treasury Secretary Timothy Geithner’s arrival in Beijing for a fourth round of Strategic Economic Dialogue (SED) with several high-ranking members of the Chinese leadership took...
Read MoreA preliminary measure of manufacturing activity painted a stabilizing picture of the Chinese factory sector this week, though concerns persist over potential export weakness as a trip by Wen Jiabao brought Europe back to the...
Read MoreMixed messages continue to emerge about the state of China’s economy, after an official reading of China’s manufacturing sector defied a negative preliminary forecast and signaled a rebound in factory activity in...
Read MoreDespite suggestions last week that the yuan exchange rate had reached equilibrium and hints of possible liberalization in its trading range, officials at the People’s Bank of China set the yuan’s U.S. dollar...
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