The People's Bank of China eviscerated the onshore yuan setting today:That translates to a PBOC cut to the CNY reference rate by 448 points, biggest since June, and sending CNY to its lowest...
The Wall Street Journal (the site is gated) have a useful summary piece on the new leadership group appointed by re-installed President Xi:The changing of the guard in China will likely alter...
Chinese President Xi Jinping wrapped up the People's Congress with a power move that vanquished his rivals and humiliated his predecessor.The moves leave no doubt that he personally consolidated power at the event,...
Chinese President Xi Jinping is poised to win a third term at the event. the seven members of the next Politburo Standing Committee (PSC) will also be named. The Congress last about a...
The number is put out by the PBOC, with the spending covering 360 million transactions in plot areas involving 15 provinces and municipalities. According to the central bank, there are more than 5.6...
