Finance & Economics

FOREIGN EXCHANGE

The Diving Renminbi: Who's Playing?

Two financial experts assert that the Chinese government was mostly behind the renminbi's dramatic one-week slide.

Kang Yi | 2008-12-12

TAXES

Taxman Clamps Down As Revenues Fall

Tax officials have resorted to "shame tactics"-- exposing the names of defaulters in the media -- as fiscal revenues dropped for two consecutive months.

Xi Si | 2008-12-11

MACROECONOMY

First Negative Export Growth in Seven Years for Ch...

Chinese exports and imports saw negative growth for the first time in seven years, according to the latest Chinese customs data.

Zuo Maohong, Sun Jianfang | 2008-12-10

BOND

500 Billion in T-bonds Brewing

To support its stimulus package, China has been considering issuing 500 billion yuan in long-term construction treasury bonds in 2009.

Hu Rongping, Xi Si | 2008-12-09

BANKING

Second Largest Chinese Bank Gets Approval for New ...

Has the financial crisis in the US sped up a Chinese bank's application to set up a branch in New York?

Lin Li, Cheng Mingxia | 2008-12-09

STIMULUS PLAN

Source: Yet Another Stimulus Plan in China's Polic...

The EO has learned that top Chinese policymakers are looking at another economic stimulus plan to focus on boosting domestic consumption.

Zhang Xiangdong | 2008-11-26

MARKETS

Another China Bailout? 800 Billion Yuan Stabilizat...

An anonymous policy recommendation calling for a fund to buy up mainland stocks in the event of a market crash has made its way onto the desk of top banking officials.

Huang Liming, Zhao Hongmei, Li Jing, Huang Yu | 2008-11-12