China Rejects Currency Value Accusations
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China's foreign exchange regulator denied Wednesday that Beijing has manipulated the value of its tightly controlled currency, a politically volatile issue with the country's trading partners.
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The Bush administration on Friday rejected a request from 30 members of Congress that it bring a World Trade Organization case against China charging the Asian nation with manipulating its currency to gain unfair trade advantages against the United States.
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U.S. Treasury Secretary Henry Paulson   will not demand that China rapidly lift currency exchange rate   controls when he visits, preferring dialogue to protectionist   threats, an official Chinese paper said on Tuesday.
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Zimbabwe Reserve Bank's governor rules out a further devaluation of the country's currency.
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Chinese officials reiterated their country would move toward a flexible foreign exchange rate, but offered no new specifics on the timing in a joint statement issued on Friday after talks with high-level US officials.
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Chinese stocks have been slammed, but that doesn't mean they're done.
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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 on Thursday denied targeting foreign government and military computer networks and said it has not been asked by any nation to investigate alleged hacking.
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Tuesdayâs report said the Chinese had made strides in revaluing their currency, but that the progress was âconsiderably less than is needed.â
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China&#39;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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Beijing denies a BBC report that organs from executed prisoners are being sold for transplant.
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China rejected allegations from Germany that it was behind Internet espionage attacks on German companies and its government, saying on Tuesday it opposed such accusations.
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A Chinese high court on Friday rejected the appeal of a New York Times researcher sentenced to three years in prison on a fraud charge, his lawyer said.
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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'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 is accused of pressuring the World Bank into not publishing research about fatal Chinese pollution.
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German Finance Minister Hans Eichel declined to provide additional comment on currencies when pressed at the closing news conference of a G20 meeting of rich and developing countries in Berlin on Sunday.