China’s Current Account Surplus Nears US$200B In 2016
China’s current account surplus stood at 196.4 billion U.S. dollars last year, the country’s foreign exchange regulator said Thursday.
RMB
China’s financial market opens wider for foreign investment
China’s foreign exchange regulator has approved a bigger amount of foreign investment in the country’s onshore financial market, official data showed on Monday.
IMF Prepares For Inclusion Of RMB In Its SDR Basket
The International Monetary Fund (IMF) on Monday announced its board decision to amend the rounding methodology for determining currency accounts in the Special Drawing Right (SDR) basket, in order to make technical preparations for the inclusion of the Chinese currency, Renminbi, in the SDR basket.
Opportunities and strategies behind the reform of chinese SOEs
At the two Conferences (National People’s Congress and Chinese Political Consultative Conference) of 2014, the reform of State-Owned Enterprises (SOE) became a hot topic of discussion among the representatives.