The Bank of China indicated on its website today
Sunday, 17 April 2011 03:36
The Bank of China indicated on its website today that reserve ratios will increase to 20.5% from April 21 or a half point increase.
Read MoreAsian stock markets fall
Friday, 15 April 2011 11:24
Asian stock markets fell after China reported inflation climbed again, raising fears among investors that the government will have to take further measures to cool the country’s ongoing economic growth.
Read MoreGold hit another record high on Friday
Friday, 15 April 2011 09:36
Gold hit another record high on Friday after the dollar fell against a basket of major currencies also taking silver to a 31-year high, while inflation pressures in China also helped lift bullion’s appeal
Read MoreChina’s FX reserves in March
Friday, 15 April 2011 07:37
China’s FX reserves in March have hit the 3 trillion level for the first time. This could be seen as a symbol of China’s strength and growth yet it really shows how undervalued the Yuan is and how inflation could be seriously out of control.
Read MoreChina’s gross domestic
Friday, 15 April 2011 06:53
China’s gross domestic product growth eased ever so slightly in the first quarter of 2011 to 9.7 percent from 9.8 % in the previous quarter from numbers released today.
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