China scrambles to teach masses financial ABCs
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Xi Zhong learned the hard way about the risks of investing in China's stock market.
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China has advised college students to shun share investments amid a nationwide craze for stock markets, where many prices have nearly quadrupled in the past 18 months and experts say a dangerous bubble may lurk.
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China will soon create one of the world's largest investment funds, with ramifications for global stock, bond and commodities markets and for how the U.S. finances its trade deficits.
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Pressure mounted on China to allow its currency to float freely as the IMF's top official urged Chinese authorities to make the move now, while their economy is booming.
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MELBOURNE (Dow Jones)--China&#39;s economy could be running into some serious turbulence, with the possibility of some associated panic in offshore equities markets for raw materials suppliers, Smith Barney, a unit of Citigroup Global Markets, warned Thursday
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Chinese government officials who came to Washington this week for economic talks got an extra lesson over the past two days in the complexities of America's divided government.
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Chinaâs central bank said it would gradually promote reforms of the yuanâs exchange rate regime and improve its foreign exchange management this year.
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WASHINGTON (CBS.MW) -- Chinese finance officials repeated Friday their commitment to move toward a flexible, market-based foreign exchange rate but didn&#39;t outline specific plans to do so after consultations with US economic officials Thursday.
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China&#39;s central bank raised interest rates Thursday for the first time in nearly a decade, signaling a deep unease with the breakneck pace of development
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You may be more invested in China than you thought -- now or very soon.
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A communique issued in Chile by finance ministers of the Asia-Pacific Economic Forum conveys an impression that currency flexibility in China is a rather long work-in-progress, if it&#39;s even that.
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Banks that produce complex and illiquid derivative products that have been at the heart of the credit squeeze might be forced to provide more information about their products on public stock exchanges.
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Global financial markets are improving but uneven conditions may persist, and China must allow the value of its yuan currency to rise more rapidly, finance officials from the rich nations said on Friday.
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China's banking industry officially opens to full foreign competition on Monday, a landmark for the country's financial sector and a day of reckoning for the country's mostly state-owned banks.
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Beijing. (Interfax-China) - China will speed up economic restructuring and reform and the adoption of market-based systems. Meanwhile, China will continue to maintain its open-door policies and meeting its
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China&#39;s hike in interest rates was a double-edged sword for many investors and economists. At one level, it suggested that Chinese growth is
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The news was a reminder of the difficulty banks are now facing in valuing complicated financial instruments.