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United States

Kevin Yao

Feb 07 2017

China Jan FX reserves fall below $3 trillion for first time in nearly 6 years

BEIJING China's foreign exchange reserves unexpectedly fell below the closely watched $3 trillion level in January for the first time in nearly six years, though tighter regulatory controls appeared to making some progress in slowing capital outflows.

Jan 26 2017

Corrected: China to target around 6.5 pct growth in 2017 - sources

(Corrects total 2016 loans to 12.65 trillion yuan, not 12.56 trillion in story first published on Jan 16, 2017) | Video

Jan 25 2017

New China cbank move points to gradual policy tightening for now

BEIJING China's central bank delivered a pointed reminder to financial markets and businesses this week that it is moving to a tightening policy bias, but analysts expect benchmark interest rates to remain unchanged and say any further measures will be limited as economic growth slows.

Jan 25 2017

China to target around 6.5 percent growth in 2017: sources

(Story filed on Jan 16, corrects total 2016 loans to 12.65 trln yuan, not 12.56 trln) | Video

Jan 25 2017

China keeps 3 percent budget deficit goal for 2017 as debt risks grow: sources

BEIJING China's policymakers plan to keep their budget deficit target for 2017 at the same level as last year to underscore a focus on debt reduction and reform, though they have wiggle room to increase fiscal stimulus if the economy needs support again.

Jan 20 2017

Chinas Wachstum beschleunigt sich - 2017 bringt Risiken

Peking Das Wachstum der chinesischen Wirtschaft hat sich Ende 2016 erstmals seit zwei Jahren wieder beschleunigt.

Jan 20 2017

China GDP beats expectations but debt risks loom

BEIJING China's economy grew a faster-than-expected 6.8 percent in the fourth quarter, boosted by higher government spending and record bank lending, giving it a tailwind heading into what is expected to be a turbulent year.

Jan 19 2017

China seen posting steady fourth quarter GDP growth of 6.7 percent

BEIJING Boosted by higher government spending and record bank lending, China is expected to report on Friday that its economy grew by a steady 6.7 percent in the fourth quarter, giving it a solid tailwind heading into what is expected to be a turbulent 2017.

Jan 10 2017

China vows to contain corporate debt levels as inflation heats up

BEIJING China vowed on Tuesday to contain high company debt levels and further cut excess coal and steel capacity, as Beijing attempts to maintain solid and more balanced economic growth while avoiding destabilizing asset bubbles. | Video

Dec 30 2016

China to relax curbs on foreign investment in financial sector

BEIJING China unveiled plans on Friday to allow more foreign investment in banking, insurance, securities and credit-rating firms, as part of a wider opening up of the world's second-largest economy.

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