China calls for currency fairness
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China questions efforts to tackle currency manipulation, saying poorer countries must be treated fairly.
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The Group of Seven rich nations took   aim at China on Saturday, urging Beijing to let its currency   rise faster to ease imbalances in trade and capital flows that   pose one of the biggest risks to global growth.
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Proposed legislation aims to forcing penalties on China over its policy of suppressing the value of its currency to promote exports.
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Chinaâs currency rose steeply against the dollar this week, feeding speculation that Chinese authorities were allowing their currency to appreciate more rapidly.
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U.S. Treasury Secretary Henry Paulson urged China on Tuesday to let its currency rise faster in value and warned that rising protectionism threatened U.S.-China relations.
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China's yuan is not substantially  undervalued given the country's balance of payments, but it  will manage capital flows with the aim of eventually making the  currency convertible, China's central bank governor said.
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Treasury Secretary Henry Paulson urged China to undertake a broad range of economic reforms and said the country's failure to overhaul its currency system could raise the threat of a protectionist backlash.
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China has turned the tables on the United States, urging Washington to stop the slide of the dollar and restore equilibrium to global currency markets.
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China's central bank has pledged to  strengthen efforts to effectively manage the amount of cash in  the financial system, according to the summary of a meeting  held earlier this week that was published on Wednesday.
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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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China&#39;s top Communist party leaders have called for stability in the country&#39;s monetary and fiscal policies and continued efforts to rein in growth in fixed-asset investment, in a
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A group of influential US Senators are due to unveil legislation to force China to raise the value of its currency.
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Finance officials from the Group of Seven issued a fresh appeal to China to revalue its currency and said the United States and Europe had a shared duty to promote balanced global growth.
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A coalition of organized labor and industrial groups yesterday asked the Bush administration to attack China&#39;s currency policy at the World Trade Organization.
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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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BEIJING : China&#39;s central bank said it would take a &quot;gradual and safe&quot; approach to loosening the yuan-dollar peg, following International Monetary Fund (IMF) calls to let the currency float in a wider margin.
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Four U.S. senators unveiled a long-awaited bill on Wednesday aimed at forcing China to more quickly raise the value of its currency by giving the U.S. Treasury Department new tools to pressure Beijing.