Yuan
China urbanization cost could top $106 billion a year: think-tank
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.
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.
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.
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.
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.
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
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.
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.
The yuan charge
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


