China&#39;s Risk of `Hard Landing&#39; for Economy Remains, US Says
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China&#39;s policy of fixing the value of its currency to the dollar has made government efforts to slow its economy more difficult, the US Treasury Department said in a semi-annual report
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The head of China's central bank  said on Sunday Beijing's efforts to curb excessive credit  growth were bearing fruit, increasing chances the country's  booming economy would achieve a "soft landing."
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A soft landing for China&#39;s booming economy was not yet a sure thing, the International Monetary Fund said on Wednesday, despite a raft of measures by Beijing to slow investment in overheated sectors.
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Beijing is not ready to loosen its currency peg to the US dollar, a People&#39;s Bank of China governor said Saturday at the Group of 20 economic summit in Berlin.
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It is premature to say that inflation has returned to China, but bank deposit rates need to remain positive in real terms, an economic planning official said on Tuesday.
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The United States has told China to get serious about relaxing the restraints on financial information providers in a letter that could represent a final warning before the U.S. asks the WTO to intervene in the matter, the Associated Press learned Wednesday.
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More flexibility in China&#39;s yuan  currency exchange rate will not restrain the country&#39;s economic  growth and cause deflation, but instead will help China  rebalance its economy towards domestic consumption, a top U.S.  Treasury official said.
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China has signalled a toughening of its currency stance, with Premier Wen Jiabao blaming the US for recent volatility and the central bank reiterating that there will be no adjustments to its exchange rate any time soon.
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The White House on Friday reiterated its view that the U.S. economy is on a "solid foundation" but acknowledged that the country was going through a period of economic uncertainty.
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The spectacular run of China&#39;s stock markets has drawn a barrage of warnings that a sharp correction is imminent, but many analysts believe a downturn will do little economic harm at home and abroad.
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China will succeed in cooling off an overheated economy and achieve a soft landing, according to a major Asian Development Bank (ADB) report released on Wednesday.
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The world economy is sound, although financial markets may remain ragged for some time, and China must let its currency rise faster to rebalance global growth, finance officials from rich nations said on Friday.
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The US economy appears set for a soft landing, the OECD said Wednesday, but it warned that the troubled sub-prime mortgage sector still poses a major risk.
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There is no time frame for a shift  away from Beijing's tight currency peg and the United States is  mistaken if it thinks it will reap big benefits from a move, a  top Chinese central bank official said on Sunday.
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China and other Asian economies should brace themselves for possible severe trade friction with the United States due to large American trade deficits, a top US economist says.
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U.S. Treasury Secretary John Snow  insisted on Friday there has been no weakening in the United  States&#039; commitment to a strong dollar and vowed to hold China&#039;s  &quot;feet to the fire&quot; over promises to make its currency more  flexible.
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The International Monetary Fund said Friday China remains reluctant to float its currency. In its discussions with Chinese authorities about the country&#39;s economy, the IMF said