Currency’s Weakness Troubles China’s Policy Makers

HONG KONG — Every weekday morning this year, China’s currency has followed the same ominous path. The central bank in Beijing fixes the initial value for the renminbi, the center point for the currency’s daily trading range.

China bank loans bounce back but more support measures may still be needed

(Reuters) - Credit levels in China appeared to improve in August after an alarming drop in July, but remained below average, adding pressure on policymakers to offer more stimulus measures to meet their 7.5 percent economic growth target for the year.

China’s banking leader rejects fears over British exit from EU

After a series of global business leaders insisting that Britain's membership of the European Union is an important part of their decision to invest in the UK, one of China's most senior financial figures has said it doesn't actually matter.

Shares in Chinese ‘Bad Bank’ Surge in Hong Kong Debut

HONG KONG — Shares in the state-run ‘‘bad bank’’ China Cinda Asset Management rose as much as 33 percent on their trading debut in Hong Kong on Thursday after the bank raised around $2.5 billion last week on huge demand for its initial public offering.

China Construction Bank profit growth slows

BEIJING (AP) -- China Construction Bank Ltd., one of China's "big four" state-owned commercial lenders, said Monday profit growth slowed in the latest quarter as the economy cooled.

Boost for London as China agrees to loosen yuan investment rules

Beijing will give London-based institutions the right to invest directly into China using the yuan, George Osborne has announced, giving the City an edge over other financial centres fighting for business.

China Eases Bank Loan Rules, in a Step Toward a Market-Driven Economy

SHANGHAI — China stepped up its effort to restructure its weakening economy on Friday by lifting some controls over bank lending rates.

China Banks’ Golden Era Fades as Crunch Raises Default Risk

Chinese banks’ valuations are close to their lowest on record as the nation’s interbank funding crisis exacerbated investors’ concern that earnings growth will stall and defaults may surge as the economy slows.

World Bank cuts China's economic growth forecast

BEIJING: The World Bank has slashed its growth forecast for China's economy this year to 7.7 per cent from 8.4 per cent, warning of a potential "sharp" slowdown triggered by a fall in investment.

Taiwan to Unveil Economic Stimulus Plan by May 31 to Spur Growth

Taiwan plans to announce stimulus measures this week to boost the economy after lowering its forecast for expansion in 2013 as the global recovery falters.

ASIA MARKETS: China Stocks Stage Strong Bounce, Lead Asia Gains

HONG KONG (MarketWatch) -- Asian markets rebounded Tuesday as a higher finish on Wall Street attracted buyers a day after most regional equities suffered a sell-off, with Japanese stocks extending gains on hopes for further monetary easing under a new central bank chief.

World Economic Forum: China growth on track, says Wen Jiabao

China's Premier, Wen Jiabao, has told the World Economic Forum in Tianjin that his country is on track to hit growth targets for this year.

Analysis:China offshore yuan market booms even as yuan bets fade

(Reuters) - Three years after China launched its most ambitious experiment yet to give its currency more global clout, some market watchers are writing its epitaph, saying Beijing is not loosening its grip on the yuan fast enough to attract sustained interest.