Yuan

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

Photo

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

Exclusive: China's Xi reached deal with former leaders to investigate ex-security chief: sources

BEIJING - Two influential former Chinese leaders gave their consent for President Xi Jinping to investigate ex-domestic security chief Zhou Yongkang, sources told Reuters, a sign the corruption probe will not open a rift in the ruling Communist Party. | Video

30 Jul 2014

With 'Big Tiger' caught, Chinese media can finally name its prey

BEIJING - "Big Tiger" is gone. "Master Kang" has disappeared.

30 Jul 2014

China says investigating powerful former security chief for graft

BEIJING - China's Communist Party said on Tuesday it had launched a corruption investigation into former domestic security chief Zhou Yongkang, one of the country's most influential politicians of the last decade, in a case that has its origins in a party power struggle.

World, China 29 Jul 2014

China probes food businesses; Hong Kong bans imports in meat safety scare

SHANGHAI - China's food regulator has visited close to 600 restaurants, businesses and food distributors as it investigates a fast-spreading food safety scare that has dragged in a number of global brands and hit food outlets as far away as Japan.

24 Jul 2014

Production halted at Samsung China supplier amid child labor probe

CHASHAN China - Production has been indefinitely halted at a Chinese supplier to Samsung Electronics Co Ltd after the factory was suspected of using child workers.

21 Jul 2014

China banks suspend controversial yuan remittance scheme: WSJ

SHANGHAI - Major Chinese banks have temporarily suspended a yuan remittance service after a state broadcaster accused the country's fourth biggest lender Bank of China (BOC) of allowing wealthy Chinese to launder money offshore through the scheme, the Wall Street Journal reported on Tuesday.

14 Jul 2014

China's Fin Min defends country's FX intervention

BEIJING - China's finance minister on Wednesday defended the country's currency interventions, saying it was difficult to take a hands-off approach when it came to the yuan, given an unsteady economy and abnormal capital inflows.

World, Politics, China 09 Jul 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