Yuan

China lets foreign institutions invest more in its markets in third quarter

BEIJING - China boosted the quotas it gives foreign institutions to invest in domestic securities by the largest amount in the third quarter since the final quarter of 2012 and regulators may also raise the limit on a parallel yuan-denominated program.

China hands drugmaker GSK record $489 million fine for paying bribes

SHANGHAI/LONDON - China fined GlaxoSmithKline Plc a record 3 billion yuan ($489 million) on Friday for paying bribes to doctors to use its drugs, underlining the risks of doing business there while also ending a damaging chapter for the British drugmaker.

19 Sep 2014

China central bank injects $81 billion into major banks to support economy: reports

SHANGHAI - China's central bank is injecting a combined 500 billion yuan ($81.35 billion) of liquidity into the country's top banks, according to media reports, a sign that authorities are stepping up efforts to shore up a faltering economy.

17 Sep 2014

Special Report: China turns up heat on ex-security chief with crash probe

BEIJING/HONG KONG - Little is known about the exact circumstances in which Wang Shuhua was killed. What has been reported, in the Chinese media, is that she died in a road accident sometime in 2000, shortly after she was divorced from her husband. And that at least one vehicle with a military license plate may have been involved in the crash. | Video

World, Special Reports 11 Sep 2014

China offers hefty rewards for 'terrorism' tips in Xinjiang

BEIJING - China is offering up to 1 million yuan ($160,000) in rewards to "terrorism" informants in its western Xinjiang region, state media said on Tuesday, in the latest policy aimed at getting a handle on unrest there.

World, China 09 Sep 2014

China's Wanda, Tencent, Baidu to set up $814 million e-commerce company

BEIJING - China's Dalian Wanda group and Tencent Holdings Ltd said on Friday they would set up a 5 billion yuan ($814 million) e-commerce joint venture with Baidu Inc , as the firms push into the high-growth e-commerce sector.

Tech, Deals, China, Media 29 Aug 2014

China Huarong says Goldman, Warburg, others to buy $2.4 billion stake

HONG KONG - China Huarong Asset Management Co Ltd, the country's biggest bad-debt manager, said on Thursday regulators have approved a deal for it to sell a 20.98 percent stake to a consortium of eight investors for 14.5 billion yuan ($2.4 billion).

Deals, China 28 Aug 2014

China fines Japanese auto parts makers record $201 million for price-fixing

BEIJING/TOKYO - China has fined Japanese auto parts makers a record 1.235 billion yuan ($201 million) for manipulating prices as the government steps up its enforcement of an anti-trust law that has targeted major corporations and revived protectionism concerns.

Inflows to Hong Kong ETFs soar as foreigners bet on Chinese stocks

HONG KONG - Offshore investors are rallying behind China's undervalued equities by plowing billions of dollars into Hong Kong's exchange-traded funds denominated in the yuan currency.

18 Aug 2014

Chinese military's ability to wage war eroded by graft, its generals warn

BEIJING - As tensions spike between China and other countries in Asia's disputed waters, serving and retired Chinese military officers as well as state media are questioning whether China's armed forces are too corrupt to fight and win a war.

World, China 18 Aug 2014

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