one figure in the spotlight is the adequacy of China's foreign currency reserves. Since the government owns nearly all the banks, the Chinese government is essentially on the hook for the debts of ...
China's currency has weakened to its lowest point in more than a decade, prompting the US to label Beijing a currency manipulator. The US move came on Monday, after the currency fell below 7 yuan ...
China's domestic currency also reached its weakest point since the 2008 global financial crisis. It comes as the dollar continues to rise in value against other major currencies, after the US ...