Yuan

China urbanization cost could top $106 billion a year: think-tank

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BEIJING - The cost of settling China's rural workers into city life in the government's urbanization drive could be about 650 billion yuan ($106 billion) a year, the equivalent of 5.5 percent of fiscal revenue last year, a government think-tank said on Tuesday.

China discriminates against disabled children: U.S. rights group

BEIJING - China has failed to provide equal access to education for children with disabilities, leaving nearly 40 percent of its disabled population illiterate, a U.S.-based human rights watchdog said on Tuesday.

World, China 15 Jul 2013

China exports slide raises doubts about currency policy

SHANGHAI - China's bet that it could reap the benefits of a more powerful yuan without paying a price in competitiveness is looking increasingly risky.

11 Jul 2013

Chinese banks lend aggressively in early July, risking another crackdown

SHANGHAI - New local currency yuan loans extended by China's big four state-owned banks stood at an unusually large 170 billion yuan ($27.7 billion) in the first week of July, the official Shanghai Securities News said on Thursday, a move that may alarm regulators trying to strangle distorted credit growth.

10 Jul 2013

China's Xinjiang offers rewards after deadliest unrest in four years

BEIJING - China announced rewards of up to 100,000 yuan ($16,000) on Tuesday for information leading the arrest of those responsible for the deadliest violence in four years in the vast far-western region of Xinjiang, dominated by Muslim Uighurs.

World, China 02 Jul 2013

Jumbo China bond sale in Hong Kong sees mixed demand amid cash squeeze

HONG KONG - China managed to sell $2.1 billion of yuan-denominated bonds in choppy market conditions in Hong Kong on Wednesday as fears of a Chinese credit crunch eased.

26 Jun 2013

China central bank holds line on shadow banking as rates spike

SHANGHAI/BEIJING - China's central bank faced down the country's cash-hungry banks on Friday, letting interest rates again spike to extraordinary levels as it increases the pressure on the banks to rein in rampant informal lending and speculative trading. | Video

21 Jun 2013

China's 'first lady' Peng avoids California limelight

RANCHO MIRAGE, California - China's photogenic "first lady" Peng Liyuan played steel drums in Trinidad, strolled hand-in-hand with a coffee farmer's daughter in Costa Rica and snapped pictures with her iPhone in the shadow of Mayan ruins in Mexico.

Insight: North Korean economy surrenders to foreign currency invasion

CHANGBAI, China/SEOUL - Chinese currency and U.S. dollars are being used more widely than ever in North Korea instead of the country's own money, a stark illustration of the extent to which the leadership under Kim Jong-un has lost control over the economy.

World, China, North Korea 02 Jun 2013

Insight: North Korean economy surrenders to foreign currency invasion

CHANGBAI, China/SEOUL - Chinese currency and U.S. dollars are being used more widely than ever in North Korea instead of the country's own money, a stark illustration of the extent to which the leadership under Kim Jung-un has lost control over the economy.

China, North Korea 02 Jun 2013

The yuan charge

Participants wait to perform a dragon dance during a mass fitness programme outside the National Stadium, also known as the Bird's Nest, in Beijing June 20, 2009.

The Obama administration is taking China head on over the yuan. As Congress comes closer to punishing Beijing for not letting the currency strengthen more rapidly, Reuters explains the factors behind the yuan's sudden gains.   Document