China didn't trigger global stocks rout: regulator
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China's stock market is too small and has too little foreign participation to be blamed for triggering last week's rout in global share prices, the country's securities regulator said on Monday.
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China's Foreign Ministry on Tuesday  denied the Chinese government would mount a legal challenge  against BHP Billiton's  proposal to take over rival  Australian miner Rio Tinto .
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Financial regulators yesterday rejected calls for more direct oversight of hedge funds and said that the current system for preventing market collapse and widespread investor losses is "working well" in their first policy statement on the issue in eight years.
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Investor's Business Daily - Washington wouldn't let China buy a U.S. firm that made on-board processors for cruise missiles.
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Beijing: China has assured its trading partners that it will not swamp the global textile markets after the abolition of quota restrictions from January 2005 and will take eight steps to ensure it.
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Chinese authorities on Saturday again declined to set out a time-table to make their currency more flexible on the world's money markets and said they had not come under international pressure to revalue the yuan.
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China has no immediate plans to let the value of its currency rise, despite renewed pressure at a weekend meeting of Group of Seven finance officials, the government said Monday.
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In the first half of 2004, commodities investors worried that a hard landing for China's economy could be disastrous for them, but those fears have not borne out.
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Many mutual funds that invest abroad had sizeable 2006 gains that bore the stamp "made in China" but recent volatility in that country's stock markets have cast some doubt onto this year's returns.
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There could still be a way to go in China's frothy equity markets.
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Chinese banks will be able to invest client money in British stocks and mutual funds, China said after a striking a deal with the European nation's regulators.
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China's central bank sought on Friday to soothe concerns over its first interest rate hike in nearly a decade, saying it will not have a big impact on the economy or the pegged yuan currency.
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China, which for the first time joined a meeting of top officials from the Group of Seven countries this week, has no immediate plans to enter the rich nations' club, its finance minister said on Saturday.
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Chinese regulators shifted into damage control, denying rumors of plans for a 20 percent capital gains tax on stock investments as share prices recovered modestly Wednesday following their worst plunge in a decade.
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Business & money: Bush administration shies away from accusing Beijing of manipulating its currency, failing to satisfy increasingly bellicose Congress.
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China has no timetable for issuing third-generation mobile telephone licences, a senior regulator announced on Thursday, saying 3G services still lacked a clear business model.
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Good news for officials who are trying to cool an overheated economy; austerity measures to remain. BEIJING  - China reported a marked slowdown in investment and money supply growth Monday, but stubbornly