The central bank may introduce the prime rate, which usually reflects the price commercial banks charge for loans to reliable customers and serves as a peg for other loans.
The thoughts of the former World Bank chief economist on special interest groups, infrastructure investment, market pricing and the pace of China's growth.
When China’s largest shoe manufacturer gets paid, it’s often in dollars – and now, for the first time in years, it’s banking those payments without converting them into yuan.
The Dean of the National Academy of Economic Strategy tells the Economic Observer that China's taxpayers should know more about where their money goes.
Led by a deputy premier who replaced the ousted Bo Xilai, Chongqing has secured investments worth 350 billion yuan from centrally-controlled state enterprises.
Developers in the capital, where home buyers must put up at least 30% of a property's sale price, are winning customers by offering to defer that down payment.
Tianjin is seeking to sell control of a major securities firm in a deal that highlights the debts taken on by the municipality as it rose up the regional growth table.
